Tag: labor force participation
Reform may prompt some workers to retire earlier. A few weeks ago, I wrote about a brief we issued on the effects of Massachusetts’ health insurance reform. In addition to a literature review, the brief contained a new analysis of labor force participation for 55-64 year old males. No study had examined the labor market…
The brief’s key findings are: Older people have lower labor force participation rates than younger adults, so aging baby boomers are pushing down overall participation. This aging effect accounts for more than 40 percent of the decline since the onset of the Great Recession. An aging population also lowers unemployment slightly because older individuals who…
