Before the pandemic, the participation rate for workers age 65 and older reached 20.8% before dropping two-and-a-half percentage points by July 2021. The rate has since risen a percentage point to 19.3% but remains well below the pre-pandemic high.
| less than a minute read
Millions of retired Americans aren't coming back to work as predicted
“While the gap seemed to be closing earlier in the year, it seems to have widened slightly since then. As of September, we estimate about 1.98 million excess retirees.”
