Re: What Retirement? (Was Re: Liberal Intellectuals and the Coordinator Class)
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