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Retirement / Employment among men 65 and over increasing since the mid-1990

For nearly all of the 20th century, employment of older workers decreased as increasing numbers retired. But since the mid-1990s, this trend has reversed. Employment among men at least 65 years of age, for example, has increased.

The Great Recession of recent years has masked this long-term trend and the reasons for it and has also led to some erroneous conclusions about it. Often older workers are seen as being in the way of younger workers who need them to step aside to free up jobs. Yet, there is hardly any evidence to back up such an argument.

It is also generally not the case that older workers return to the workforce because they must. Indeed, “unretirement” is highest among more educated workers, who tend to be more affluent as well.

Workers who unretire do so for a variety of reasons.

Choosen excerpts by Job Market Monitor from

FireShot Screen Capture #039 - 'Economy needs 'unretired' I workers, older, work - Opinion - The Orange County Register' - www_ocregister_com_opinion_workers-380339-older-work_html

via Economy needs ‘unretired’ | workers, older, work – Opinion – The Orange County Register.

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