"The aging population of the United States has significant implications for the workforce - challenging what it means to work and to retire in the U.S. In fact, by 2030, one-fifth of the population will be over age 65. This shift has significant repercussions for the economy and key social programs. Due to medical advancements and public health improvements, recent cohorts of older adults have experienced better health and increasing longevity compared to earlier cohorts. These improvements in health enable many older adults to extend their working lives. While higher labor market participation from this older workforce could soften the potential negative impacts of the aging population over the long term on economic growth and the funding of Social Security and other social programs, these trends have also occurred amidst a complicating backdrop of widening economic and social inequality that has meant that the gains in health, improve
| ISBN: | 9780309493871 |
| Publication date: | 21st December 2022 |
| Author: | Engineering, and Medicine US National Academies of Sciences, National Academies Press US |
| Publisher: | National Academies Press |
| Format: | Paperback |
| Series: | Consensus Study Report |
| Genres: |
Population and demography |