EBRI Research Finds Participation Rates for Workers Over 55 Increased During Recession
Date published:
Wednesday, February 16, 2011News source:
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Education is a strong factor in an individual’s participation in the labor force at older ages: Individuals with higher levels of education are significantly more likely to be in the labor force than those with the lower levels of education. This disparity increased from 1987–2009 for those without a high school diploma, as their rate declined while those with higher levels of education had a participation rate that stayed the same or increased.
This trend is likely to continue because of workers’ need for access to employment-based health insurance and for more earning years to accumulate assets in 401(k)-type plans, particularly after the stock market and economy downturn in 2008.
Web address: http://www.agingworkforcenews.com/2011/02/ebri-research-finds-participation-rates.html
Page 8-16 relates to research on labour force participation rates amongst older people.
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