So that the new graduates or the younger entrants to the labor force can be employed. Is this better in the long run? One disadvantage to this is that it might depressed the retirement fund because the elderly will collect pension earlier, but at the same time the unemployment rate will go down. Do you agree or disagree?
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Thanks for your comment, I see that there is a mismatch of skills and available jobs too.
Funny that you asked this, CNBC just Interestingly referenced a sudy that was released that said when baby boomers work later their consumption from higher income goes up and actually produces more jobs in totality. I have not actually read the study