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More older Americans are working than at any time since the turn of the century

Jun 20, 2016, 22:24 IST

Pew Research
Pew Research

More older Americans are working than at any time since the turn of the century.

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18.8% of Americans aged 65 and up - about 9 million people - report being full-time or part-time employees, according to a new report by Pew Research Center.

By comparison, back in 2000, only 12.8% of those aged 65-and-up were working - about 4 million people.

For the most part, these workers are men. Although men make up less than 45% of the over-65 population, about 55% older workers are male.

Moreover, these workers are more likely to hold jobs in management, legal, and community/social service jobs than the overall workforce, and less likely to be food preparation, construction, and math/computer jobs.

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Still, the most interesting thing about this rise in older workers is that it's basically the opposite of what's happened with the rest of the population in the US. The employment-population ratio of the adult population as a whole has yet to bounce back to pre-financial crisis levels. As of May 2016, the ratio was around 59.9% - below May 2008's 62.5%, and May 2000's 64.4%.

So, while more and more over 65-adults are working today compared to 16 years ago, the same can't be said for the overall US population.

Check out the full report at Pew Research.

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