Analysis: U.S. labor force is shrinking as baby boomers retire

04/28/2013 | Wall Street Journal, The

Labor Department data indicate that workforce participation is decreasing, leading some economists to worry that workers are giving up on finding jobs. Those concerns might be exaggerated, however, as the real reasons that fewer people are participating in the workforce are that many baby boomers are retiring and many young people are going to school instead of working, Ben Casselman writes.

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Wall Street Journal, The

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