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The graying of the U.S. workforce is gaining momentum. A Pew Research survey found nearly a fifth of Americans age 65 and older were employed in 2023, nearly double the three decades prior ...
The Pew report uncovered that older workers are making more money than they did in 1987, with the median worker aged 65 or older earning $22 an hour, up from just $13 in 1987 and narrowing the ...
Older workers are sometimes perceived as "doddering but dear,” Christina Matz, associate professor at the Boston College School of Social Work, and director of the Center on Aging and Work told BBC.
To help accommodate aging workers, some companies are turning to “flextirement” options, in which an older employee works fewer hours but can still add to the company with their experience ...
Obviously, a lack of financial stability is one reason many retirees are having a hard time, with the National Council on Aging reporting that around 80% of older adults either have money troubles ...
Retirees 65 or older whose monthly pensions are less than their final monthly salaries will receive monthly benefits that augment their pensions to match their final salaries, to a maximum of ...
Roughly 1 in 5 Americans over 65 were employed in 2023, four times the number in the mid-80s. Employers are gradually recognizing the value of older workers and taking steps to retain them.
Most of us work to someday kick back and retire. But current economic conditions are making it harder for those already retired to stay retired. Many older Americans are returning to the workforce