This is a few weeks old, but I felt it is relevant here. Noticeably absent from the "speculation" as to the reasons fewer people in their 50's are working is the elephant in the room: Ageism. I gave up searching for work because it's painfully obvious my capability is not the issue. AARP has permanent support education for 50+ people trying to get hired.

All I hear about with respect to frustrations being unable to find a job is focused on the youngest, while it's the eldest that are being forced out at alarming rates. The worst part is we don't have any recovery path, and some of us are supporting adult children who can't find work.

We either navigated all the pratfalls life throws at us and have savings enough to "survive", or we didn't, and we become another near invisible member of the predominantly elder population of homeless standing by intersections hoping for a handout.

Next January possibly millions of over 50 people thrown out of work and unable to find any job (even minimum wage jobs) will lose their health coverage, since Medicaid begins requiring 20 hours per week of work to qualify.

We are well beyond "fearing dystopia" now. We've been living it for a decade, some would say longer.

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[–] 1 point 1 week ago (1 child)

Yes I think that was sensitivity but if you need data to see the obvious here you go:

Pew Research shows Gen Z and Millennials are the most highly educated generations in history

https://www.pewresearch.org/social-trends/2020/05/14/on-the-cusp-of-adulthood-and-facing-an-uncertain-future-what-we-know-about-gen-z-so-far/

Standard labor statistics also prove younger workers are vastly cheaper to hire since the 16 to 24 and 25 to 34 age groups make significantly less than the 45 to 54 and 55 to 64 brackets

https://www.bls.gov/charts/usual-weekly-earnings/usual-weekly-earnings-current-quarter-by-age.htm

Furthermore, national digital adoption surveys constantly highlight a sharp drop-off in enterprise tech fluency for the 55+ demographic

https://www.pewresearch.org/short-reads/2019/09/09/us-generations-technology-use/

Y'all old folks need a slice of humble pie and to learn some damn accountability

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