Oct 11, 2022

Question of the Day: What percent of people age 75 and older are still working?

Answer: 8.9%

And it's expected to be the fastest growing segment of the working population in the future too! 

Questions:

  1. Why do you think older people are still working at that age?
  2. How do you think the number of older people still in the workforce will impact you when you look for a job?
  3. Do you think your generation will be more likely to work past 75, compared to the baby boomers?
  4. What steps can you take now if you are interested in not working into your 70s? 

Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (The Guardian and BLS data): 

Over the next decade, the number of workers ages 75 and older is expected to increase in the US by 96.5%, according to the Bureau of Labor Statistics, with their labor force participation rate projected to rise from 8.9% in 2020 to 11.7% by 2030, a rate that has steadily increased from 4.7% in 1996.

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Check out the NGPF Career Unit page for more ideas on projects, activities and other resources to prepare your students for the future. 

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Many of your students might consider a career as an influencer. Check out the NGPF Arcade Game Influenc'd, a game designed to give them an idea of what it’s like to be an entrepreneur. 

 

 



About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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