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Labor Participation Rate Hits 34-Year Low
- Following the Great Recession, we've entered into the Great Shift," says Express Employment Professionals CEO Bob Funk, who previously served as chairman of the Kansas City Federal Reserve Bank. "This is a period defined by the Boomer retirement, Millennial frustration, and growing reliance on government programs. All indicators suggest this shift is not sustainable.
- he New York Times reported on the study and suggested that "another cause [of the Great Shift] may be the rise in the number of workers on disability."
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