The demographic of home buyers is also changing, said Dr. James Hughes, dean of the Edward J. Bloustein School of Planning and Public Policy at Rutgers. “Ten thousand baby boomers per day are leaving the labor force, and to a large degree they represent yesterday’s work force,” Hughes said. “Millennials are in their place. … They are starting to form households, and they have delayed household formation.”
Prof. Toney and Lina Moe Named St. Louis Fed Fellows
St. Louis Fed Announces 2024-25 Institute for Economic Equity Research Fellows The Federal Reserve Bank of St. Louis has announced a new cohort of nine research fellows selected to conduct research while in residence at the Institute for Economic Equity. “The...