Fortune: Baby Boomers are strangling the economy
fortune.comPaywall, so I didn't read much past the headline:
>Baby Boomers are strangling the economy they built by refusing to move or retire
Anyone have stats on what percentage of people born between 1946 and 1964 are still working in 2026? I wouldn't be surprised if the percent still working is close to the percentage who have died. (If I had to make a guess: 5-10%?)
As someone on the tail end of that birth cohort (and to quote Monty Python), "I'm not dead yet!".
According to BLS (as pointed to by https://usafacts.org/answers/what-is-the-labor-force-partici...), the 55-and-older stat is 37.1%. I don't think 7 years would reduce that to between 5-10%. Also, it's worth noting that projections from BLS showed labor‑force participation for ages 75+ rising to about 10.8% by 2026, up from 4.7% in 1996.