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Employment of People Ages 55 to 79

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  • Congressional Budget Office

Abstract

In 1995, 33 percent of people ages 55 to 79 worked. By 2018, that share rose to 44 percent. That growth was the result of continued increases in employment for women and a reversal of previously declining employment for men. The changes in employment of people ages 55 to 79—the period during which many people stop working—were related to changes in their demographic characteristics and the jobs they held, as well as to changes in Social Security.

Suggested Citation

  • Congressional Budget Office, 2019. "Employment of People Ages 55 to 79," Reports 55454, Congressional Budget Office.
    • Handle: RePEc:cbo:report:55454
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    File URL: https://www.cbo.gov/system/files/2019-09/55454-CBO-employment-people-55-79.pdf
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    Cited by:

    1. Mitchell, Olivia S. & Clark, Robert L. & Lusardi, Annamaria, 2022. "Income trajectories in later life: Longitudinal evidence from the Health and Retirement Study," The Journal of the Economics of Ageing, Elsevier, vol. 22(C).

    More about this item

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J00 - Labor and Demographic Economics - - General - - - General
    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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