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November 2005, Vol. 128, No. 11
Labor force projections to 2014: retiring boomers
Mitra Toossi
Economist, Office of Occupational Statistics and Employment Projections, Bureau of Labor Statistics.
E-mail:
Toossi.Mitra@bls.gov
The baby boomers’ exit from the prime-aged workforce and their movement into older age groups will lower the overall labor force participation rate, leading to a slowdown in the growth of the labor force.
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