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Goldman Says Older U.S. Workers Poised for a Comeback

  • Older workers have defied OECD trend post-2008 as they retire
  • Men between 55-64 years old may work for longer in the future
Goldman Says Older U.S. Workers Poised for a Comeback

Goldman Says Older U.S. Workers Poised for a Comeback

Photograph: Getty Images

Older U.S. workers are defying expectations, and international trends, when it comes to their labor force involvement.

Americans are living longer, are less likely to have pension plans, and are in better health further into old age -- yet a long-running uptrend in 55-64 year old labor force participation rates has stalled in the U.S. since 2008, even as it’s persisted in most other advanced industrial nations.