It looks like many retirement age or near retirement age are forgoing retirement or re-entering the job market. This is bad for the younger workers because one experienced retiree leaving pays for two or three new people to enter the market.
Also interesting is the almost universal 85% participation rate in '99. What is so different (besides dot-com bubble, housing bubble) between '12 and '99?
It looks like many retirement age or near retirement age are forgoing retirement or re-entering the job market. This is bad for the younger workers because one experienced retiree leaving pays for two or three new people to enter the market.
Also interesting is the almost universal 85% participation rate in '99. What is so different (besides dot-com bubble, housing bubble) between '12 and '99?