FACT OF THE WEEK
Median earnings for women ages 55-64 were 74% of men's in 2015
For full-time wage and salary workers*, "between 1979 and 2015, women's-to-men's earnings ratios** rose for most age groups, particularly in the prime working ages from 25 to 54... For workers age 55 to 64, the women's-to-men's earnings ratio rose from 61% to 74% over this period," according to a 2016 analysis of Current Population Survey data." (p. 1 and Table 12)
*Wage and salary workers are those who receive wages, salaries, commissions, tips, payments in kind, or piece rates on their sole or principal job. All self-employed workers are excluded.
**women's earnings as a percentage of men's
||Bureau of Labor Statistics. (2016). Highlights of women's earnings in 2015. (BLS Reports No. 1064). Washington DC: U.S. Bureau of Labor Statistics. Retrieved from this source.
19 December 2016
Boomers spend 13% of annual income on unpaid caregiving costs for adult relatives or friends
12 December 2016
4 in 10 men and 3 in 10 women aged 65-69 were in the labor force in 2015
05 December 2016
1 in 10 workers aged 50+ feel their work has no positive impact on society
28 November 2016
6% of adults aged 50+ earned money using digital platforms to take on “gig” work