The Rise of Older Workers: A Shift in the Workforce
TL;DR
The share of older Americans in the labor force has doubled in the past 35 years, with 19% of Americans aged 65 and over currently employed. This shift reflects an aging society, improved health among older adults, changes in work nature, and policy changes such as delayed access to full Social Security benefits. Older workers are also earning higher wages, narrowing the pay gap with younger workers. Many older adults are choosing to work longer for financial stability, purpose, and gradual retirement. However, the growing presence of older workers in well-paying positions may make it harder for younger workers to enter the job market.
Topics:businesslabor-and-employment#labor-and-employment#labor-market#older-workers#pew-research-center#retirement#workforce
- Older workers are a growing share of the workforce Yahoo Finance
- Older Workers Are Growing in Number and Earning Higher Wages Pew Research Center
- Older Americans are increasingly working after retirement The Washington Post
- More boomers are staying in their jobs instead of retiring. They're working longer hours and making more money, new Pew data finds Yahoo Finance
- Who are you calling old? Workers 65 and up are killing it at work USA TODAY
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