According to (Schulzke, 2012), Baby boomers are actually far more likely to keep working than earlier generations, and for many reasons: jobs are less physically draining, medicine has extended vitality, Social Security now pushes older workers to keep going and market reversals have erased nest eggs.
However, should long-term health trends, such as rising levels of obesity and the increase... If the same percentage of adults were in the workforce today as when Barack Obama took office, the unemployment rate would be 11 percent. If the percentage was where it was when George W. Bush took office, the unemployment rate would be 13.1 percent” says (Plumer, 2012). Labor force is shrinking due to ...