In 2018, labor-force participation of people age 65 and over reached a near half-century high across the developed world
A slow-growing world is getting a boost from an unexpected source. As more of the population in advanced economies approaches or passes age 60, an increasing share have kept working rather than retire.
Labor-force participation—the share of people working or looking for work—for people aged 55 to 64 started climbing throughout advanced economies around the turn of the century, reversing decades of decline. Around 2010, participation by people age 65 and over began an upward march, reaching a near half-century high of 15.3%...
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