The Slow Moving Wave of Baby Boomers Strangling the Economy The term "demographic shift" fails to capture the profound implications of a generation's exit from the workforce.
As the last remnants of the Baby Boomer cohort cross into retirement age, the United States is facing a crisis that goes beyond mere numbers – it's a question of what this seismic event means for the economy.
Boomers' prolonged presence in the labor market has been well documented, suppressing economic opportunity for younger generations.