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The Indicator from Planet Money

The graying of America

The Indicator from Planet Money

NPR

Business

4.79.2K Ratings

🗓️ 10 May 2022

⏱️ 9 minutes

🧾️ Download transcript

Summary

America is getting older which is bad news for the state of the labor market. Today, we learn how lower fertility rates and retiring seniors are contributing to shortages in the labor force.

Transcript

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0:00.0

What's up everyone?

0:01.8

Quick note before we get started.

0:03.4

In this show, you're going to hear the one and only Stacey Vanick Smith co-hosting.

0:07.3

This episode is actually recorded before she went off to work on the Planet Money Summer

0:10.7

School series.

0:12.2

That is coming out soon by the way, so be on the lookout for it.

0:15.6

Okay, here's the show.

0:17.6

NPR.

0:18.6

We are Alana Semuels.

0:30.0

Hello and welcome to the indicator.

0:32.2

Hello Stacey.

0:33.2

You are the Senior Economic Correspondent at Time and from what I understand you have come

0:39.0

here to the indicator with a question for me?

0:41.4

Yes, Stacey, I'm wondering, do you ever think about retiring?

0:45.4

I have not thought about it a ton.

0:47.4

So I recently talked to someone who is ready to retire right now.

0:53.4

That's correct, I plan to retire this summer.

0:55.4

Love to travel and we want to do a lot of it and we're particularly enamored with Europe

1:00.3

at this point because we're just getting started in our sort of world travel ambitions.

1:04.6

So that was Julia Griffin and she's a town manager of Hanover New Hampshire.

1:09.8

She's been working in the government for 40 years but one thing to know about New Hampshire

1:13.4

Stacey is one of the oldest states in the country.

...

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