Parabolic Trend Failure of the Day: Employment Life Preserver vs. Towel

The following chart shows the 12-month moving average of the civilian labor force of those aged 65 and over.


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Those aged 65 and over are clinging to the life preserver.

The next chart shows the 12-month moving average of the civilian labor force of everyone else.


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Everyone else has thrown in the towel.

September 30, 1997
The Onion: Local Man Might As Well Just Give Up

Polk said that Ludauer recently embarked on an unsuccessful campaign to improve the quality of his life through a series of consumer purchases, which only served to compound his misery.

Source Data:
St. Louis Fed: Civilian Labor Force
St. Louis Fed: Civilian Labor Force - 65 years and over