phk
phknrocket1k
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Posts: 12,906
Political Matrix
E: 1.42, S: -1.22
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« on: May 11, 2012, 02:14:21 PM » |
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« edited: May 11, 2012, 03:18:07 PM by phk »
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A few points here.
1.) The LFP for older people has actually been slowly increasing since the mid-1990s.
Changes from 2000 to 2010
55-64: 59.3% => 64.9%
65+: 12.9% => 17.4%
75+: 5.3% => 7.4%
2.) Even with a decline attributable to baby boomers, shouldn't their kids entering the labor force be muting that effect? Even if their fertility is ~2 it should be a cohort that is just about the size of their parents, especially if their daughters participate more than their mothers do.
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