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New Research from EBRI: Older Workers Trending Toward More Part-Time Work
Date:3/16/2010

WASHINGTON, March 16 /PRNewswire-USNewswire/ -- Reflecting the changing economic landscape, more older workers are staying in the work force, but increasingly in part-time rather than full-time jobs, according to new research released today by the nonpartisan Employee Benefit Research Institute (EBRI).

Using the latest U.S. Census Bureau data (for 2008), the EBRI analysis shows that an increasing percentage of older Americans are in the labor force: The percentage of those ages 55 or older in the labor force increased from 29.4 percent in 1993 to 39.4 percent in 2008, an increase of 10 percentage points. For those ages 65-69, the percentage increased from 18.4 percent in 1985 to 30.7 percent in 2006, up more than 19 percentage points.

However, while older workers working full time, full year increased steadily from 1993-2007, that trend ended with the recession year of 2008.  While members of the older population were more likely to work in 2008, they were less likely to be working full time, full year in 2008 after consistent increases through 2007.  The full report is in the March 2010 EBRI Notes, online at www.ebri.org


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SOURCE Employee Benefit Research Institute
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