Doug Henwood wrote:
>> For most age groups, employment/population ratios and labor force
>> participation rates are below their boom peaks; the only exception is
>> older workers. For example, the EPR (total employed/population) was
>> 56% in 1996, 58% in 2000, and 61% now.
>
>
> Some older workers may be retiring early, but that's not the broad trend.
Then I totally don't get it. Are 80% retired or are 61% working? Both can't be true.
Joanna