Why does the Fed keep claiming Baby Boomers are the main reason for the decline in the labor force? The real reason is because there aren't enough jobs for prime-age workers, and not mostly because older workers are leaving the work force.

Regarding this post: The Economic Outlook and Forward Guidance from the Atlanta Fed: It states, "About half of the fall in participation can be explained by demographic trends— that is, baby boomers choosing to retire."