Another thing has been the growth of Social Security Disability Insurance claims in the last few years. It's no secret that many middle-aged people who are part of the long-term unemployed and may never work again are using SSDI as a source of income once their unemployment benefits expire.
I read r/e Baby boomers that their birth rates were significant enough to generate another set of boomers. However it’s unknown how well employed this next generation is. In the old days Social Security Disability isn’t easy to get. I heard they changed the rules to make it easier. That is what I heard.