Older Workers: Employment and Retirement Trends

Description

This report begins by describing the change in the age distribution of the U.S. population that will occur between 2005 and 2025 and by summarizing the historical data on the labor force participation of older workers. This discussion is followed by an analysis of data from the Census Bureau's Current Population Survey on employment and receipt of pension income among persons age 55 and older. Employment trends among older workers are then discussed in the context of data from the Social Security Administration on the proportion of workers who claim retired-worker benefits before the full retirement age (65 years and ... continued below

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Purcell, Patrick September 15, 2008.

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This report is part of the collection entitled: Congressional Research Service Reports and was provided by UNT Libraries Government Documents Department to Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 19 times . More information about this report can be viewed below.

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  • Purcell, Patrick Specialist in Income Security; Domestic Social Policy Division

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Description

This report begins by describing the change in the age distribution of the U.S. population that will occur between 2005 and 2025 and by summarizing the historical data on the labor force participation of older workers. This discussion is followed by an analysis of data from the Census Bureau's Current Population Survey on employment and receipt of pension income among persons age 55 and older. Employment trends among older workers are then discussed in the context of data from the Social Security Administration on the proportion of workers who claim retired-worker benefits before the full retirement age (65 years and 10 months for people who turn 65 in 2008). The final section of the report discusses "phased retirement," a process that combines reduced hours of work with receipt of pension income.

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Congressional Research Service Reports

The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1970's through the present--covering a variety of topics from agriculture to foreign policy to welfare.

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  • September 15, 2008

Added to The UNT Digital Library

  • Dec. 5, 2014, 9:57 a.m.

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Purcell, Patrick. Older Workers: Employment and Retirement Trends, report, September 15, 2008; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc463173/: accessed November 12, 2018), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.