Tag: COVID and older workers
Yes, and particularly among the higher paid. While older workers were not disproportionately affected by the COVID-19 Recession, many older workers, like their younger counterparts, did experience layoffs. To what extent did these job exits lead to retirement and how did the pattern vary by earnings levels? To answer this question, a new CRR study…
Older workers hurt only slightly more than prime age. Recessions hurt workers, so employment is down for people of all ages. The question is the relative experience of older individuals. Older workers have faced both an economy with high levels of unemployment and a virus that puts them more at risk than their younger counterparts.&nbs…
