Tag: pandemic
Three months into the pandemic, a few million older workers had been laid off or quit. But what happened next? The rapid drop in employment due to COVID gave the Center for Retirement Research an unusual opportunity to study the labor force decisions of baby boomers, who are within striking distance of retirement age but…
Abstract This paper uses the monthly Current Population Survey to study older workers’ transitions out of employment and into retirement before and during the pandemic. It examines whether the effect of the pandemic was particularly acute for workers with certain demographic characteristics and working conditions, and for those who faced different local public health and…
