The economy is feeling the effects of the fading baby boom

January 7, 2022 ☼ great-resignationboomers

Source: The Washington Post (Link)

The good news from the jobs report released on Friday morning was that the unemployment rate dropped to 3.9 percent. As you may know, this is measured with a different survey than the one that tallies how many workers are employed, meaning that, at times, there can be a disconnection between the two figures. That was the case on Friday: economists predicted that more jobs would be added, meaning that the numbers were lower than expected, but the decline in the unemployment rate was good news.