Tuesday Link-Ups: 1-5-2016 Number Of Retiring 20-24 Year-Olds Has Doubled?

Not sure I buy this one – according to the Bureau of Labor Statistics, the share of 20- to 24-year-olds who say they’re retired doubled from 2004 to 2014:

• Bloomberg – Yellen’s Job Puzzle: Why Are 20-Somethings Retiring?

I know the Fed has to explain why a record 94,610,000 Americans are no longer in the Labor Force, and why the Participation Rate is the lowest in 38 Years:

• Bureau of Labor Statistics – Labor Force Statistics from the Current Population Survey

But the idea that more 20 somethings are retiring does not compute – I could believe they are staying in school longer, but retiring?

I have to call Shenanigans on this trial balloon- Zerohedge seems to agree:

• ZeroHedge – With A Straight Face, US Government “Finds” Number Of Retiring 20-24 Year-Olds Has Doubled