The stock market may be doing so well that it’s causing more baby boomers and Gen Xers to drop out of the labor force
The stock market may be doing so well that it’s causing more baby boomers and Gen Xers to drop out of the labor force Strong stock market gains are boosting retirement savings and encouraging Americans to leave the workforce early. This financial cushion, paired with a slow hiring market that makes finding new jobs difficult, has pushed labor force participation downwards Source
The excerpt is quoted from a public Telegram channel, which owns its text.