Originally Posted by
Otterbox
If the age 67 bill sponsor gets their way, flow will shut down Jan 1 when the new retirement age goes into affect. It probably won’t happen that early (which may be part of why the new pay rates expire in 2024) but applicants and flows are on borrowed time before hiring clamps down for 2 additional years.
They aren’t just going to freeze hiring for 2 years. They might throttle back to hiring at a “normal” pace instead of grabbing every body they can find. All the majors were planning on hiring for the foreseeable future. Age 67 won’t change that.
Now recession, war, pandemic, or some other insanity could always muck things up, but age 67 on its own will have only a minor impact IMHO.