Type of Content: News
Resource Title: Americans Say They’re Now Less Likely to Work Far Into Their 60s
Publication Title: Bloomberg News Wire
Publish Date: September 7, 2021
More than 1 million older workers have left the labor market since March 2020. Some Americans have been rethinking their priorities after the trauma of Covid-19 — with a bigger nest egg to fall back on, thanks to exuberant financial markets. For others the withdrawal may be involuntary, driven by a lack of employment prospects.
It’s adding up to a dramatic shift in a labor market where job growth has been dominated by older workers over the last two decades.
Resource URL: https://bit.ly/3zeTF8E