‘Great retirement’ in U.S. driven by older female baby boomers
‘Great retirement’ in U.S. driven by older female baby boomers
By Alex Tanzi | Bloomberg
The surge in U.S. retirements during the COVID-19 pandemic was led by older White women without a college education, according to research by the St. Louis Federal Reserve.
The so-called Great Retirement trend that saw workers leave the labor market — whether forced or by choice — was driven by baby boomers aged 65 and older, the regional Fed bank wrote in a recent blog…
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