MarketWatch: The sharp decline in underemployment is the result of two trends, according to Anthony Carnevale, the director of the Georgetown center and a co-author of the report. The first is a “huge rush” of baby boomer retirements, which are freeing up jobs for younger college graduates. Over the next several years, two out of the three jobs that become available for college graduates will open up as a result of retirements, he said.
The article fails to mention one thing. Those two of three jobs that open up have to cover the retirement cost of the two new boomers in Florida.