Wednesday, January 18, 2012

Look at Jobs Before Leaping on Older Retirement: Peter Orszag - Bloomberg

Look at Jobs Before Leaping on Older Retirement: Peter Orszag - Bloomberg: "By the time the recent recession began, in 2008, Americans were already well into a reversal of the 20th-century trend toward earlier and earlier retirement. The employment rate for older women started rising in the mid-1980s, and for older men soon afterward. The effects were most pronounced among people 65 and older, but were noticeable for those in their early 60s as well. In 1994, 43 percent of people ages 60 to 64 were employed; by 2006, 51 percent were."

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