Older Workers Leading COVID-Era Jobs Exodus

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The labor shortage employers are currently facing is obvious to anyone who’s recently eaten out at a restaurant or visited a retail store. Slow service, “help wanted” signs, and even businesses that are temporarily closed due to a lack of staff are increasingly common sights.

Although the labor market’s woes could be partially attributed to younger workers who aren’t willing to take on low-paying, service-sector jobs, another significant factor is the major exodus of older workers from the labor force.

Baby Boomers Moving On

In an article for Forbes, Jonathan Ponciano points to the findings of Goldman

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