May 06

Prime Aged Workers Tumble By 280K, Workers 55 And Over Surge To New All Time High:

In addition to the troubling trend revealed by the yet again declining labor participation rate as a result of hundreds of thousands of Americans dropping out of the labor force (and lack of entrants), one other recurring concern we have had with the jobs report is that new job growth has disproportionately gone to elderly workers, those 55 and over at the expense of young (16-24) and prime aged (25-54) workers.

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