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The labor force participation rate among the general population is ~60%. Among those 65-74, it's 25%. And that's not accounting for people who can't retire. It
by jamilton 4y ago
The labor force participation rate among the general population is ~60%. Among those 65-74, it's 25%. And that's not accounting for people who can't retire. It also doesn't account for those who want to work but are unable.
- wpietri 4y agoOk. How does that relate?
- jamilton 4y agoPeople who do not have to work work much less than people who do have to.
- wpietri 4y agoI don't think that's particularly good evidence for that. You're confusing "has a job" with "is working" and you are ignoring the age effects that are the whole reason retirement exists in the first place.