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The Generations Still on the Sidelines of the U.S. Jobs Recovery

Two years from the onset of the Covid crisis, the U.S. unemployment rate is back below 4 percent. But there’s a glaring gap underneath that data..the labor force participation rate. It dropped to the lowest since the 1970s at the start of the pandemic and has yet to return to pre-2020 levels. It’s a shortfall that represents about 1.8 million people and it pulls from both ends of the age spectrum. Romaine Bostick digs into the lagging labor market recovery for the youngest working generation…Gen Z, and the other end, seniors aged 65 to 74. 

Credit: YouTube/Bloomberg Markets and Finance

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