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The labor force participation of men age 60-74 has increased in recent years. Since reaching a post-World War-II low point in 1993, the share of such older men either working or looking for work jumped about 11 percentage points, from 33 percent in 1993 to 44 percent in 2010. The increase came...
Persistent link: https://www.econbiz.de/10010896021
A popular proposal for reforming Social Security is to supplement or replace traditional publicly financed benefits with a new system of mandatory, defined contribution private pensions. Proponents claim that private plans offer better returns than traditional Social Security. To achieve higher...
Persistent link: https://www.econbiz.de/10005627394
One of the most important labor market developments of the last century was the sustained trend toward earlier retirement among American men. This trend came to at least a temporary halt in the mid-1980s. Since then, male participation rates at older ages have stabilized or even increased...
Persistent link: https://www.econbiz.de/10005627418