Tag: COVID-19
The brief’s key findings are: While older workers have not been disproportionately affected by the COVID-19 Recession, they – like their younger counterparts – have experienced layoffs. This study reports the prevalence of the job exits and retirements and how they vary by earnings level, using data from the Current Population Survey. The analysis focuses…
Making the change permanent would improve the return to work for older workers. Among many other things, the $1.9 trillion American Rescue Plan Act increased eligibility and the amount of the earned income tax credit (EITC) for taxpayers with no qualifying children for 2021. In particular, the legislation lowered the minimum age to claim t…
