Boomers are leaving work at a faster rate than the general population and it’s not for retirement. According to the Bureau of Labor Statistics, the unemployment rate for boomers increased from 6.7 percent in May to 7 percent in June. Boomer men are hit especially hard; the unemployment rate for men 55 and older was 7.7 percent in June, compared to 6.4 percent for women in the same age group.
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