[lbo-talk] What Retirement? (Was Re: Liberal Intellectuals and the Coordinator Class)

Doug Henwood dhenwood at panix.com
Wed Jul 11 13:25:55 PDT 2007


On Jul 11, 2007, at 4:07 PM, andie nachgeborenen wrote:


>> Another change: 25% of the over-65 pop was working
>> in 1950, vs. 15%
>> today.
>>
>> Doug
>>
>
> We're working on fixing that.

The process is already underway. The only age groups with higher employment/pop ratios now than at the broad employment peak in 2000 are the over-55s. The so-called prime-age (25-54) were at 81.9% in 2000, vs. 80.0% now. For the 55-64s, it was 58.9% then vs. 61.8% now; for 65+, 12.7% then vs. 15.7% now. The over-65s haven't had an EPR that high since the early 1970s.

Doug



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