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Despite the wave of boomers returning to work after the Great Retirement, there are still 2 million more retirees than America’s workforce can handle Chloe Berger November 11, 2023 at 8:00 AM
“They are transforming professional and executive career trajectories and what they may look like for generations to come.”
Call it the Great Semi-Retirement. That’s where a lot of boomers might be headed as employers try to convince older staffers to stick around longer in a labor market plagued by a shortage of ...
Andrea, 64, faces a tough choice after a layoff: find a job or start collecting Social Security. Many older Americans rely on Social Security in retirement and struggle to pay their bills.
As of the 2010s and early 2020s, many Baby Boomers continue to postpone retirement [13] while Millennials and Generation Z are responsible for a surge in the labor force. [14] [15] Still, seniors are retiring faster than youths can replace them, partly due to the time needed to acquire the necessary skills and knowledge.
“There’s a revolution afoot about what retirement could look like.” Baby boomers are redefining work in their 60s, 70s, and beyond with ‘unretirement’ plans: ‘We’re not our ...
Older Americans will account for 57% of the country’s labor-force growth in the coming decade. I’m nearing 65 and am better than ever at my job. With more boomers opting not to retire, I’m ...
New high school graduates may be contemplating their post-college career path. The labor market may change significantly by the end of this decade. In 2020, 29 million baby boomers retired ...