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Wednesday, September 25, 2013

BABY BOOMERS: Yeah, We’re Leaving The Labor Force Alright — Because We Can't Get Back In It

Getting old is hard.
Getting old and getting shut out of the workforce is misery.

Since the recession, the labor force participation rate — the percent of the population employed or looking for work — has remained stubbornly low.

Many analysts have attributed much of this to America’s aging population.

And that may be true.

But what the numbers can’t show is that some boomers are dropping out because they can't get re-hired if they've been left jobless. 

3 comments:

How is your hope and change? said...

Obama's plan to break down America

Anonymous said...

Who do you think are grabbing up all the part-time jobs in places like Sears? Baby Boomers!

Anonymous said...

Sure, 11:29. Keep blaming Obama while the corporatocracy just laughs and laughs and laughs all the way to the bank.