About half of people who left the workforce between 2020-2021 retired. The other half quit, were let go, or stopped looking for work. Disproportionately, these workers were women, Gen Z, people with young children, and people in low-income households. Addressing the priorities of these former workers may increase the likelihood of reconnecting them to work. Higher educational attainment was associated with disproportionately more retirements and fewer dropouts, suggesting that these workers had fewer barriers to work to and a stronger financial position to enable retirement if desired.
Who left the workforce
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