America’s Workforce Elderly Workforce To Double By 2028

The US Bureau of Labor Statistics is predicting a major increase over the next 10 years in the number of age 75-and-older workers in the workforce. The increase, from last year’s 1.8 million workers who are 75 or older to 3.7 million in 2028, shows a remarkable 105% growth rate for that demographic. The second largest growth rate for the next 10 years will come from those workers aged 65 to 74, at 51% growth. In a nutshell, those who are 65 and older are simply staying in the workforce longer. There is no growth expected from those in the 45-64 bracket, and—it may come as a surprise—there is no change expected in the 25-34 age bracket, either.

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