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How To Ensure You re Being Responsible With Your Finances Midway Through 2021

How To Ensure You re Being Responsible With Your Finances Midway Through 2021
gobankingrates.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gobankingrates.com Daily Mail and Mail on Sunday newspapers.

US Losing 1 2 Million Workers To Early Retirement

by Tyler Durden According to a brand new analysis from Goldman s economists, the US is on pace to experience a permanent loss of about 1.2 million workers from early retirement and reduced immigration. That s the bad news; the good news - according to Goldman - is that younger workers who have been reluctant to return to the workforce are still likely to do so once temporary disincentives to work disappear (most later this year).  As a result, Goldman is looking for the labor force participation rate to rise by 100bps over the next year-plus to 62.6% (if still 0.8% below the 63.4% pre-pandemic rate).

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