What we know about how Covid-19 affected older workers and employment

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The pandemic has not proven to be a crisis for older workers the way the Great Recession was. Still, there are challenges.

That raises the question of whether Covid-19 has caused older workers to retire earlier than they might have otherwise planned.

"We'll have a better picture of the types of retirement decisions people made as more time goes by," Schramm said.earlier this year that declared, "Covid-19 is not a retirement story." One reason for that is that older workers were just as likely as younger workers to have jobs that can be done remotely. However, the less educated workers were, the more likely they might be adversely affected, according to the research.

 

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