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by ZeroGravitas 1531 days ago
I'm not sure exactly how this particular number is calculated but given the fairly consistent trend I'd suggest longer education before employment, earlier retirement and retired people not dying as early seem likely.

Some other people think it's women entering the workforce, but that not a 1 for 1 affect here and it seems women have possibly hit a similar downward point.:

https://fredblog.stlouisfed.org/2021/03/women-in-the-labor-f...