Where Did All The Workers Go?
January 22, 2023 at 14:00 PM EST
Authored by Bret Swanson via The Brownstone Institute, In a November 30, 2022, speech on “Inflation and the Labor Market,” Federal Reserve chairman Jerome Powell blamed most of the 3.5 million estimated shortfall in the US labor force on premature retirements. He also blamed a large portion – between 280,000 and 680,000 – on “long Covid.” In […] Source