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The slow economy and growing number of active, healthy retirees from the Baby Boom generation mean that more grandparents are taking an active role in their grandchildren's lives, according to new census data released this week.

The Associated Press reports on the trend, stating that 5.8 million children, or nearly 8 percent of all children, are living with grandparents identified as the head of household.  In 2000, 4.5 million, or 6.3 percent of all children, lived under those arrangements.

(image via Caring Grandparents)