26% of people 65 and older were working in 2019. Between Feb 2020 and Feb 2021 the labor force participation rate for that age bracket dropped 11.2%, while the

26% of people 65 and older were working in 2019. Between Feb 2020 and Feb 2021 the labor force participation rate for that age bracket dropped 11.2%, while the younger brackets dropped 1-2%. That's a significant number of people who didn't die but either lost their jobs or felt unsafe continuing to work and decided to retire rather than looking for a new job.