2/10/2014 – Boomers Turn On, Tune In, Drop Out of U.S. Labor Force

The share of Americans in the labor force, known as the participation rate, is hovering around an almost four-decade low as the population ages and discouraged job seekers give up looking for work. Federal Reserve research shows retirees are at the forefront of the recent exodus, which blunts the impact of policy aimed at boosting the economy and workforce.

Read the full article at Bloomberg.