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Small-business owners’ retirements could reshape jobs over the next decade

MarketWatch warns that the shift could mean fewer workers tied to businesses closing as owners retire, with losses to jobs and institutional knowledge.

Reported · Written up by our desk · Fund Industry

MarketWatch highlights a potential labor and economic risk as many small-business owners plan to retire over the next decade, raising questions about who will keep those workplaces operating.

The outlet frames the coming transition as a broader loss for the economy and employment, pointing to the potential disappearance of decades of institutional knowledge when businesses stop.

MarketWatch also notes that the shutdown of small businesses could affect workers tied to those firms, because business owners exiting the workforce can lead to operations winding down rather than being handed off.

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