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5.3 Million More Workers Aged 65-Plus

Friday, February 9, 2018

The number of workers aged 65 or older is projected to grow by an enormous 58% between 2016 and 2026, according to Bureau of Labor Force Statistics' projections. Older workers will account for the 51% majority of the overall 10.5 million increase in the labor force during the next decade.

Numerical (and %) Change in Labor Force, 2016 to 2026

Under age 35: 1% (+633,000 workers)
Aged 35 to 64: 5% (+4.5 million workers)
Aged 65-plus: 58% (+5.3 million workers)

By 2026, one in three men and one in four women aged 65 to 74 is projected to be in the labor force. Among those aged 75 or older, labor force participation is projected to rise from 8 to 11% over the decade.

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Skytech CEO Christopher Flick Retires

Monday, February 19, 2018

Skytech Products Group announced today that the company’s CEO, Christopher Flick, has retired as an officer and Stakeholder in the Skytech Products Group of companies....

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Mobility Rate Falls to New Low in 2016

Friday, February 9, 2018

The geographic mobility rate fell to a new all-time low in 2017, according to the Census Bureau. Only 11.0% of U.S. residents aged one or older as of March 2017 had moved in the previous 12 months. Not since 1960 have so few people moved (35 million)....

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