Older Workers On The Rise, Survey Finds

Law360, New York (September 21, 2006, 12:00 AM EDT) -- Age discrimination lawsuits have been dropping, even though older workers now account for a larger share of the workforce, a study from a leading consulting firm concludes.

Overall, 24.6 million workers 55 or over and 5.2 million workers 65 or over are still employed, the study said, which are the highest totals ever recorded.

“In 1948, one in four 65-year-olds was employed. That percentage steadily fell to a low of 10% in the mid-1980s. The percentage of working retirees has been on the rise since the...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.