[reed13k]

That’s an interesting take I was thinking it was driven by increased female participation during the same timeframe.

[Wyatt's Torch]

You are correct that women are participating at a higher rate as well and it pretty well follows the same pattern.

[Wyatt's Torch]

Interestingly the participation rate for men has been declining for decades so perhaps you are correct. Couple the increase in women participation rate with baby boomers retiring and you have the employment situation we are in now.