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Seniors Rise in Work Force After Slump—online.wsj.com

27 March 2012—online.wsj.com—After the recession thinned the ranks of employed New Yorkers, one group has emerged from the downturn with improved standing in the labor force—older workers.

One in five working New Yorkers is now 55 years or older, according to the latest figures from the U.S. Census Bureau, a sign of both the aging of the baby boom generation and of older workers holding on to jobs longer in the face of savings diminished by the recession.

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"Certainly the economic downturn has created a lot of pressure for people," said Marcie Pitt-Catsouphes, director of the Sloan Center on Aging and Work at Boston College. ...

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