Tag: late career job changes

Job board website displayed on a tablet with a notepad, glasses, pen, and plant

Why a late-career job switch could be a good move. It always surprises me that older workers are willing to hurl themselves onto the job market.  Yet, voluntary job-changing among late-career workers increased steadily between the 1980s and the mid-2000s before declining somewhat in recent years.  Today, more than 40 percent of workers 58-62 hav…

People sitting in chairs in a row waiting for job interview

The labor force participation of older workers has reversed its long-run decline.  A larger share of this group wants to work longer.  This shift reflects the changing incentives in Social Security and employer-sponsored plans, the improved education, health and longevity of today’s workers, less physically-demanding jobs, the need to wait for Medicare in the fac…