Why An Aging Population Might Not Doom The American Economy

Economics

Why An Aging Population Might Not Doom The American Economy

By Santul Nerkar

Apr. 13, 2023, at 6:00 AM

Mario Tama / Getty Images

The American economy is booming and robust. Just look at the chart below, which shows that the overall unemployment rate — the share of people within the labor force who are without work but are looking for it — is lower than it’s been in more than 50 years:

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Originally posted on: https://fivethirtyeight.com/features/why-an-aging-population-might-not-doom-the-american-economy/