Tag: older workers
The unemployment rate has rocketed to double digits. But older workers’ struggles in the job market are not new. An Urban Institute study, reported here, estimated that about half of workers over age 50 left a job involuntarily at some point between 1992 and 2016 – a period that included strong economic growth and…
The answer is “yes.” Reporters repeatedly ask whether COVID-19 will lead to a spike in retirement among older workers. Older workers will face both an economy with high levels of unemployment and a virus that puts them more at risk than their younger counterparts. Thus, they might voluntarily withdraw if unable to work at hom…
