The number of those working past 65 is at a record high

Source: Floyd Norris, The New York Times

The retirement dream seems further away for a lot of baby boomers, and they appear to be responding to that by holding on to their jobs if they can. But that may have worsened the employment prospects for younger workers. Labor Department figures indicate that the percentage of workers over the traditional retirement age of 65 is at a record high. But, the figures show, job totals fell sharply for men under 55 during the recession and have only started to recover, while the proportion of women ages 25 to 54 with jobs also slid and is close to the lowest level of the last two decades.

Read Full Article: The number of those working past 65 is at a record high

 

Tags/Keywords

financial, jobs, economy


 

Search

Quick Menu

Facebook FTwitter T
 

Consumer Help Desk

Advocacy