Tag: labor force participation
The brief’s key findings are: Over the past 25 years, the labor force participation of men age 60-74 jumped from 35 percent to 44 percent. At the same time, the educational levels of older workers increased dramatically in both absolute terms and relative to prime-age workers. Better educated workers are healthier and have more opportunities…
Abstract In economic downturns prior to the Great Recession, workers over age 50 had escaped relatively unscathed. But the unemployment rate for older workers soared to record highs during the Great Recession. This paper projects how older workers will fare across a broad set of financial outcomes over the remainder of this decade. The mod…
