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Pendaran Roberts is a research fellow in the philosophy department at the University of Warwick. He received his PhD from the University of Nottingham in 2014. He has numerous academic publications.
(1 comments) SHARE Friday, February 27, 2015 Yellen Presents False Reality To Congress
The Fed's own data refutes its chairman's explanation that the decline is explained by the older age group retiring. If it were not for the increased participation rate of those 55 and over, the decline in the labor force participation rate would be worse than it is, because participation of every other group is in decline.