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What happens if large cohort of Boomers retires and stop working, instead living on their savings? Labor share of income drops. If you remove this effect, the l
by crossbody 3mo ago
What happens if large cohort of Boomers retires and stop working, instead living on their savings? Labor share of income drops. If you remove this effect, the labor share of income is flat - confirmed by last week's analysis in The Economist.
- em500 3mo agoPertinent data: https://fred.stlouisfed.org/series/SPPOP65UPTOZSUSA https://fred.stlouisfed.org/series/SPPOP65UPTOZSUSA