NCCI: Greater Share of 55-and-Older Population Is Working

A greater proportion of the 55-and-older population in the U.S. is working than in past decades. According to a report from the National Council on Compensation Insurance, labor force participation by those 55 and older has increased, from 30% in 1990 to 41% in 2017. “Most of this increase occurred between the mid-1990s to mid-2000s, meaning that this phenomenon is not primarily a matter of delayed retirement for people whose nest eggs were hurt by the Great Recession,” NCCI said. Meanwhile, labor force participation decreased for other age groups, including a drop, from 76...