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Fact-of-the-Week: 18 January 2011


fact of the week

SINCE RECESSION, MORE OLDER PERSONS STILL WORKING


"The number of labor force participants aged 65 and older has increased by nearly 15% since the start of the recession. The labor force participation rate for persons aged 65+ was 17.7% in September 2010, compared with 16.3% in December 2007, and 17.4% in August 2010," according to a 2010 analysis from the Bureau of Labor Statistics.


Rix, S. E. (2010). The employment situation, September 2010: Older workers have little to cheer about once again. (Fact Sheet No. 204). Washington, D.C.: AARP Public Policy Institute. Retrieved from http://www.globalaging.org/pension/us/2010/Employ_Situation.pdf