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maxluke1

10/26/22 7:01 PM

#101394 RE: rado #101393

Just my opinion on the primary reasons (in no specific order):

-retirement of baby boomers/old generations/aging workforce (e.g. gilead)
-mothers/fathers staying home for childcare (carryover from pandemic; now primary issue is not pandemic concerns but rather high cost of childcare)
-large mismatch between skillsets available and labor that is in demand
-long covid/other disabilities
-attrition of young men from the workforce (granted, a small number but I know a few who simply don't work or work very sporadically)

I don't think stimulus, unemployment benefits, etc. has influenced labor participation rates since end of 2020/maybe early 2021