Older adults want to work, but ageism limits participation: Economist

Yahoo Finance Video
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The US Bureau of Labor Statistics will release its monthly jobs report on Friday. Economists will be watching in particular for labor force participation metrics, as older Americans left the workforce following the pandemic. ZipRecruiter Chief Economist Julia Pollak joins Yahoo Finance to give insight into older workers and the labor force.

Despite the pandemic, Pollak indicates that older adults are now participating in the workforce at higher levels than before: "They are living longer and need to work longer to save up for a longer retirement. Another is policy related: we've made it easier for older people to work longer without being punished due to changes to social security. There's a culture shift because jobs are becoming more comfortable and pleasant so if you can stay home in your pajamas and work on a laptop, why not do it a long time?"

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Editor's note: This article was written by Nicholas Jacobino