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We're experiencing a 'silver tsunami,' Small Business administrator says

U.S. Small Business Administrator Kelly Loeffler discusses the economic impact of the 'silver tsunami' on small businesses. She details how the agency supports millennials transitioning into skilled blue-collar trades.

U.S. Small Business Administrator Kelly Loeffler warns of an economic 'silver tsunami' as boomer business owners retire. Highlighting a critical skilled trade shortage, Loeffler notes that for every five retiring workers, only two enter the workforce. She details how the agency provides transition lending and training to help millennials buy these blue-collar businesses.