Monday, January 20, 2014

Spot The Labor Force Collapse Culprit | Zero Hedge

Spot The Labor Force Collapse Culprit | Zero Hedge: "And just to put the final nail in the coffin of this silly debate, first here is the Labor Force Participation rate by "old" workers, or those most prone to retirement, and where the Fed is now desperate to scapegoat the collapse in the Labor Force, compared to all other age groups. The chart, which shows that the "55 and over" worker group has now normalized its participation rate to pre-crisis levels while that of younger workers has tumbled to levels not seen since the 1970s, speaks for itself."



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