How Older Workers Could Help Save America From Workforce Peril
- Labor market participation steadied in 2016 on slow retirement
- Change could be a blip, but shows power of senior workforce
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Something strange happened in the U.S. labor market last year. Even as the population grew older, the participation rate -- the measure of all adults who are working or looking for work -- stabilized, bucking its downward trend and surprising some economists.
It turns out, you can thank people like Philip Lenowitz.