The U.S. birthrate has steadily declined over decades, and as the youngest baby boomers retire, the labor force participation rate is projected to reach 60.4% in 2032

4/7 "The overall participation rate is expected to drop to 60.4% in 2032, according to the #Labor Department, mainly because of baby boomer retirements." pic.twitter.com/OBkde7cVKs

— Kailash Concepts (@KailashConcepts) October 18, 2023