Until the beginning of the COVID-19 pandemic, older women were among the fastest-growing demographic groups in the US workforce.
Will some retirees return to the labor force?
In many ways, we are still in the eye of the storm when it comes to seeing the employment effects of COVID-19.
In their search for educated workers, both employers and state workforce readiness policymakers may be overlooking a substantial source of untapped talent: the many adults in the United States who have some college but no degree.
The number of job openings rose above 9.2 million in May, and employers are doing more to attract workers, but over half of older jobseekers are still long-term unemployed.
Men ages 55 and older had among the largest declines in labor force participation rates during the pandemic.
The COVID-19 pandemic has highlighted labor market inequities. A growing body of research shows how much the economy stands to gain from addressing them.
Temporary jobs, usually the first to be added at the beginning of economic recoveries, are now rising. Older jobseekers trying to reenter the job market may view temporary jobs as an onramp back into employment.
Many of the trends that informed predictions about the future US workforce have reversed during the pandemic. Now economists wonder how workers across multiple generations will bear the pandemic's effects into the next decade.
The temporary removal of the EITC age restriction would be a long-overdue change that should be made permanent.