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Hugh_Lebowski

(33,643 posts)
13. I think there's a lot of factors in play ...
Tue Oct 12, 2021, 12:17 PM
Oct 2021

1) Tightened immigration
2) Parents who are boomers and early gen-X, passing away and leaving their working-age children and grandchildren money and property (including probably a lot of C19 deaths)
3) Recent rapid rises in property values allowing people to take out 2nd mortgages and HILOCs and such, giving people an instant nest-egg to live on, at least for a time
4) People selling their homes for decent profits and moving back in with parents or other relatives, perhaps to assist in caretaking with the aging population and have more employment flexibility.
5) Later baby boomers (and some early Gen X) retiring

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Great news! Johnny2X2X Oct 2021 #1
More likely durablend Oct 2021 #2
After awhile, they can't use that excuse anymore BumRushDaShow Oct 2021 #3
That Would Be Me Deep State Witch Oct 2021 #4
I retired from the federal government almost exactly 1 month after I was BumRushDaShow Oct 2021 #9
Makes no difference durablend Oct 2021 #21
It's football season BumRushDaShow Oct 2021 #22
INDEED.. LOL... where one goes to fill out endless applications with nary a word back from any NotHardly Oct 2021 #8
Thanks for the thread. I put the JOLTS report over in the Economy Group. mahatmakanejeeves Oct 2021 #5
It's up at Yahoo! Finance now BumRushDaShow Oct 2021 #12
It took them two and a half hours. No wonder I couldn't find it. Thanks. NT mahatmakanejeeves Oct 2021 #17
LOL BumRushDaShow Oct 2021 #19
And I Wonder How Much Anti-Immigration Policies modrepub Oct 2021 #6
We have to deal with real prejudice against older workers also. CTyankee Oct 2021 #7
I "retired" in October 2008 at 52 when 1/3 of the company I worked at for 20 years were laid-off OMGWTF Oct 2021 #16
MedicareAdvantage True Blue American Oct 2021 #23
I waited til I reached the point of being vested in the pension plan. calimary Oct 2021 #25
Good & what exactly happened to all the jobs that would be taken up by automation like Andrew Yang LymphocyteLover Oct 2021 #10
Those already have been, long since. That's what he was trying to tell people who griped about ... Hekate Oct 2021 #28
OK, but I thought he was warning of a future where there would be hardly any jobs as machines take LymphocyteLover Oct 2021 #30
About time since workers are 1/2 of the equation, and never seemed to hold any cards in the ... SWBTATTReg Oct 2021 #11
I think there's a lot of factors in play ... Hugh_Lebowski Oct 2021 #13
6) Record high stock market allows 401(k) and IRA pullouts DBoon Oct 2021 #26
We just came from breakfast at our favorite local cafe and its sister restaurant is now closed OMGWTF Oct 2021 #14
Even Frischs Big Boy is badly understaffed. True Blue American Oct 2021 #24
I think it's wonderful wryter2000 Oct 2021 #15
A repeat of what happened after the Black Death in Europe in the 14th century. PoindexterOglethorpe Oct 2021 #18
The powers that be passed laws rolling back wages during the plague DBoon Oct 2021 #27
Power should reside with the workers, Glaisne Oct 2021 #20
Almost 3 percent of U.S. workforce quit in August mahatmakanejeeves Oct 2021 #29
One thing they don't mention much is that Baby Boomers TexasBushwhacker Oct 2021 #31
Yup BumRushDaShow Oct 2021 #32
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