News

21742 readers

5848 users here now

Welcome to the News community!

Rules:

1. Be civil

Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. Trolling is uncivil and is grounds for removal and/or a community ban.

2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.

Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.

3. No bots, spam or self-promotion.

Only approved bots, which follow the guidelines for bots set by the instance, are allowed.

4. Post titles should be the same as the article used as source.

Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.

5. Only recent news is allowed.

Posts must be news from the most recent 30 days.

6. All posts must be news articles.

No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.

7. No duplicate posts.

If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.

8. Misinformation is prohibited.

Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.

9. No link shorteners.

The auto mod will contact you if a link shortener is detected, please delete your post if they are right.

10. Don't copy entire article in your post body

For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago

MODERATORS

rjc@lemmy.world

Thekingoflorda@lemmy.world

gedaliyah@lemmy.world

Blackbeard@lemmy.world

little_cow@lemmy.world

jeffw@lemmy.world

280

More boomers are staying in their jobs instead of retiring. They’re working longer hours and making more money, new Pew data finds (finance.yahoo.com)

submitted 6 months ago by MicroWave@lemmy.world to c/news@lemmy.world

84 comments fedilink hide all child comments

The graying of the American workforce continues: Baby boomers are working longer and earning more than their predecessors did in what Americans typically think of as retirement years, new research finds.

Almost 20% of Americans ages 65 and older were employed this year, according to a new report from Pew Research Center. That’s nearly double the share of those who were working 35 years ago. In total, there are around 11 million Americans 65 or older who are working today, comprising 7% of all wages and salaries paid by U.S. employers. In 1987, they made up 2%.

And not only are more Americans at or above the traditional retirement age of 65 working, but they are also earning substantially more compared with what older workers earned in the 1980s. Now, the typical older worker earns $22 per hour, compared with $13 per hour then. Their wage growth—some of which can be attributed to their working longer hours than older Americans did in the past—has outpaced that of workers ages 25 to 64 over the same time period, according to Pew’s research, which is based on data from the U.S. Census Bureau’s Current Population Survey and the Federal Reserve’s 2022 Survey of Household Economics and Decisionmaking.

you are viewing a single comment's thread
view the rest of the comments

[–] SpaceCadet@feddit.nl 2 points 6 months ago* (last edited 6 months ago) (1 children)

I wish people would just quit it with this ageist crap.

"We" are not fucked over by "the Boomer generation", we are fucked over by unchecked capitalists. The struggle is not a generational one but a class struggle. It's people with money stealing the value of your labor, but the Bezoses of this world sure love how you're all blaming it on old people and are laughing all the way to the bank.

Shitting on boomers because they had affordable housing and well paying jobs is crab mentality. Everyone should have that, but it's not the regular folk boomers who took that away from you. They were just lucky to be born at a time when the capitalists hadn't ruined that yet. About the only thing you can blame them for is that some of them don't quite understand how exactly the world has changed for the worse for young people, and that their back-in-the-day conventional wisdom doesn't apply anymore.

[–] the_q@lemmy.world 0 points 6 months ago

Do they vote? Did they not participate in the creation and execution of the modern capitalist system that has ruined things? When confronted with their part in it all do they change? Does the lead in their bodies allow them to be empathetic toward younger generations? Either you are a bit older or you really love meemaw, but regardless they laid the groundwork then took no responsibility for their part in the destruction.