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 Originally Posted by wufwugy
I agree.
I'd state it as "drain on business" instead of on workforce. People leaving the workforce is a benefit for those who remain yet it is bad for employers.
I should clarify that this doesn't mean that labor participation exit is actually good for the remaining laborers. In most ways it is probably bad. Lucky for us, entry and exit of labor tends to be an effect from a change in something else. My initial claim was regarding the exit resulting in (and from) virtually no industry disruption other than employers having a harder time finding employees and having to pay them more.
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