Tag: labor force participation
Probably not – most of the drivers have played themselves out. Let’s take a deep breath and step back from the daily news cycle, where the Social Security Administration is under repeated attack, and take a look at recent trends in retirement patterns and what they are likely to look like going forward. Prior to…
After nearly a century of decline, work activity among older men stabilized in the 1980s and since the early 1990s the average retirement age has increased by about three years. The question is whether the factors that led to the increase over the last 30 years – changes to Social Security, retirement plans…
