Labor Force Participation Rate Growth Since 2000http://www.advisorperspectives.com/dshort/charts/index.html?...taken from this article:Some Stunning Demographic Trends in Employmenthttp://www.advisorperspectives.com/dshort/commentaries/Demog...<snip>For some simple math: In 2000, the three younger cohorts constituted 66% of the workforce. Now they have shrunk to 56%, which means the 45 and older workers have grown from 34% to 44% of the labor force. In the late 1990s the dream of early retirement was common among the Boomers. But the reality is that they are increasingly delaying retirement, and many who did retire have now reentered the workforce.There is little doubt that the two 20th century recessions and major market selloffs devastated the retirement readiness for a great many of the individuals nearing that milestone. And many who had retired were ultimately forced to reenter the workforce to make ends meet.
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