Older Americans have a more negative view of incumbents, are more likely to vote for a candidate with no elective experience and less likely to support those who compromise than are Americans younger than age 65.
Older adults are staying in the labor force longer, and younger adults are staying out of it longer. Both trends intensified with the recession and are expected to continue after the economy recovers. One reason: Older workers value not just a paycheck, but the psychological and social rewards.
The American work force is graying — and not just because the American population itself is graying. Older adults are staying in the labor force longer, and younger adults are staying out of it longer.
There is a sizable gap between the expectations that young and middle-aged adults have about old age and the actual experiences reported by older adults themselves.
In the midst of a recession that has taken a heavy toll on many nest eggs, just over half of all working adults ages 50 to 64 say they may delay their retirement — and another 16% say they never expect to stop working.