No evidence that older workers are crowding out younger ones

Guest blog from Economics Editor Peter Coy Are older workers crowding out younger ones in this recession? It’s tempting to say so, considering that employment has risen 1% among people 55 while it has fallen 5% among people 20 to 54 (see chart). Andrew Sum and colleagues at Northeastern University wrote a paper last December highlighting the discrepancy. It was called “Out With the Young and In With the Old.”

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