Amid the pandemic, a rising share of older U.S. adults are now retired
As of the third quarter of 2021, 50.3% of U.S. adults 55 and older said they were out of the labor force due to retirement.
Numbers, Facts and Trends Shaping Your World
As of the third quarter of 2021, 50.3% of U.S. adults 55 and older said they were out of the labor force due to retirement.
In the third quarter of 2020, about 28.6 million Baby Boomers reported that they were out of the labor force due to retirement.
Nearly four-in-ten men ages 25 to 29 now live with older relatives.
Household incomes in the United States have rebounded from their 2012 bottom in the wake of the Great Recession. And for the most part, the typical incomes of households headed by less-educated adults as well as more-educated adults have increased.
This year will likely be the first year in which women are a majority of the U.S. college-educated labor force.
Between February and June 2020, the share of young adults who are neither enrolled in school nor employed has more than doubled.
About half of U.S. adults lived in middle-income households in 2018, according to our new analysis of government data.
The 30-year low reflects in part tight labor markets and falling unemployment, but also higher shares of young women at work or in school.
The number of U.S. households renting their home increased significantly between 2006 and 2016, as did the share.
Through both recession and recovery, the share of young adults living in their parents’ home continues to rise. As of 2016, 15% of 25- to 35-year-old Millennials were living in their parents’ home.
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