7/12/13

60- to 65-year-olds have been "stealing" jobs from 16 to 20-year-olds since 1995

Just one  self-explanatory graph . The labor force participation rate in the age group from 60 to 65 years and in two youngest groups as reported by the BLS. Start time and amplitude of the change since 1995 reveal  a tight link between two processes: grand parents take the jobs of grand children. This cannot be the result of later retirement - just a three year change since the early 1990s.


No comments:

Post a Comment

Food price inflation in Russia in July 2025 is 1% higher than in July 2024

 one can look at the graph of changes in food and other prices here (see figure). In 2024, the rate of growth (inflation) of food prices was...