Fed Chair Jerome Powell is Concerned Over the Rapid Rise in Retirements

by Mish Shedlock, The Street: Population-adjusted data shows a huge surge in retirements and that has the Fed concerned. The lead chart is from the Role of Retirement by the Dallas Fed. Role of Retirement Since February 2020, the economy-wide employment-to-population ratio has declined by 3.2 percentage points, or by about 8.5 million workers. About 1.6 percentage […]