‘Great retirement’ in U.S. is driven by older female baby boomers
There were 3.3 million, or 7%, more retirees as of October 2021 than in January 2020, according to research by the St. Louis Federal Reserve.
The Great Retirement, or the surge in U.S. retirements during the Covid-19 pandemic, was led by older White women without a college education, according to research by the St. Louis Federal Reserve.
The so-called Great Retirement trend that saw workers leave the labor market — whether forced or
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