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2016-12-04 — forbes.com
...
The troubling trend isn't the unemployment rate; it's the size of the labor force. Labor force participation has steadily declined from 66% to less than 63% over the past nine years, the lowest it's been since 1977. A record 95 million people are opting out of the workforce. ... Retiring baby boomers account for about half of the decline, but prime-age workers (i.e., ages 25-54) have been leaving the labor force, too, and the reasons aren't entirely clear.
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