Tag: older workers
Abstract Americans’ indebtedness has increased dramatically since the 1980s – a trend likely to have important implications for retirement security. This study finds that older adults with debt are 8 percentage points more likely to work and 2 percentage points less likely to receive Social Security benefits than those without debt. Not only does t…
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…