Older Americans not working as late in life as they used to

[ckramer]

What are they talking about? If they don't work, they better stop eating. Lies.

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WASHINGTON (AP) — Americans are living longer, healthier lives than ever before, but they aren't working into their old age nearly as much as seniors did 50 years ago.
A government report released Thursday shows that only 19% of men 65 and older were part of the labor force in 2003, down from 46% in 1950.

Women are working in much larger numbers earlier in life, but among those 65 and older, their participation in the labor force has remained steady at around 10% since 1950.

"Not too long ago, people, particularly men, worked until they were physically unable to work," said Robert Friedland, director of the Center on an Aging Society at Georgetown University. "Now, people have a period of time to which they are looking forward."

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