[Alberta's Child]

That's a misleading way to look at it. The single biggest factor in our long-term decline in labor participation rates has been retirements. Bizarre as it may seem, an 80 year-old retiree who is not institutionalize is considered a "prospective worker, not seeking employment" in these labor statistics. If the labor force participation rate has risen even by just 0.5% over a two-year period period where we are in the peak years of Baby Boomer retirements, I'd say we are looking at a very tight labor market.

[del griffith]

So in 15 and 16, the baby boomer curve was already well underway if it just peaked. Yet never heard a peep about those retirements during that time. Just that the rate was falling. It’s been basically static since Jan of 17 except for the last few months.

[ready2brd]

Incorrect. The labor force participation rate is calculated by the 16-64 y/o population

[bobcat62]

My friends in the Tech field tell me ‘there’s a tight labor market.’ When I press them on what is a ‘tight labor market,’ I never get an answer.

I do get some mumbling in response that my friends don’t know what they’d do if they have to proudly train their Indian replacement.

There’s a glut of talent out there.

For those recent Engineering grads who can’t find work, Fedzilla is going to have to bail out their student loans... all to provide cheap indentured labor to business.