According to a new study, retired workers are coming back to work. For some, it’s a matter of necessity – inflation and rising costs are stretching their budgets thin. Others are being lured back by wages hikes and a plethora of job openings. Among the findings:
- 9% of Americans 65 and older are working currently; this is up from 19.5% this time last year.
- New Jersey saw the largest percentages of older workers returning to the workforce, up from 18.1% last year to 37% currently.
- In North Dakota, the percentage of older adults working actually dropped from 36% in 2021 to 25% this year.
These retired workers may be one solution to the workforce crisis. Make it clear in your marketing and job announcements that you welcome these individuals and value their experience.
