America’s workforce is getting older faster than many people realize. Over the next decade, Americans age 75 and older who are still working are expected to surge dramatically. Some estimates approach 96.5% growth between 2020 and 2030.
What’s behind this, you ask? Well, a lot of it has to do with the longer life expectancy of most healthy adults in the United States. Other contributing factors include rising living costs, changing retirement expectations, and healthier aging overall. Of course, a portion of older Americans also continue working just because they enjoy staying active and engaged. So, what is the future of the American workforce? Here is what the current projections are showing.
