The data I've seen this year shows men >55 have the biggest growth in labor force participation.One potential side-effect of this on employment: It could actually make the unemployment situation worse as some retirees who hoped they could "tread water" with terrible rates on savings for a little while may have to throw in the towel and look for a j*b until they get more than 1% on savings and CDs again.
Edit to add: new housing construction is still far below its long term average and probably the most important single driver of current unemployment. Until an additional 750k new houses are being built the economy is likely to continue to drudge along.
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