Episode 25: How the Pandemic Has Disrupted Senior Worker Trendlines. Is "Unretire" Back in Vogue?
Update: 2022-03-11
Description
- According to Pew Research, over 50 percent of older workers are now out of the workplace. That is up from 48 percent just prior to the pandemic.
- Older workers continued to work through recessions dating back to the 1990s. The pandemic-induced recession in 2020 saw that trend reverse.
- The 2008-2009 Great Recession saw personal wealth decline markedly. The economy and capital markets decoupled during 2020-2021. Financial assets and real estate saw record gains, allowing personal wealth to grow correspondingly. Older workers took notice. And took action.
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