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FACT OF THE WEEK

 

15% of unincorporated self-employed workers are age 65+

“The unincorporated self-employment rate among workers aged 65 years and older was the highest (15.5%) of any age group.”  For those aged 55-64, the rate was 8.8%. “Incorporated self-employment rates also rose with age,” with the highest rate for ages 65+ at 8.6%, according to a 2016 analysis of BLS data.
       
 
       

Hipple, S. F., & Hammond, L. A. (2016). Self-employment in the United States. Spotlight on stastistics (p. 5). Washington, DC: Bureau of Labor Statistics. Retrieved from this source.

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