Jobs Market Robust But Will Weaken, Kroszner Warns

The video discusses the current economic situation, focusing on the Federal Reserve's likely decision to increase interest rates by 75 basis points. It highlights robust job growth and stable unemployment rates, while noting potential weakening by fall. The discussion also covers the labor force participation rate, emphasizing that many older workers may not return to the job market post-pandemic.

In what ways has the pandemic affected older workers' decisions to remain in the labor market?

What are the potential long-term effects of the current economic conditions on job growth?