1/12/14 – Jobs report highlights the aging of Baby Boomers (USA Today)

Jan 13, 2014 No Comments by

The December jobs report has sparked a fresh argument on an issue as old as the recovery: whether unemployment is dropping because of new jobs, or because people have stopped looking.

Released Friday, the government’s report showed the unemployment rate falling to 6.7%. But it estimated the U.S. labor force shrank by 347,000 last month while only 74,000 new jobs were added. Just 62.8% of adults were working or sought jobs, tied for the lowest share since 1978.

Read the full article at USA Today.

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