Tag: older workers
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…
The brief’s key findings are: The Great Recession threw many older individuals out of work, so it is important to understand their job search activity. The results show little tolerance for a lengthy search; the vast majority either find a job or exit the labor force within a year. Those with financial resources, such as…
