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Retirees are ‘unretiring’ — and that’s good for the labor market
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cnbc.comRetirees are coming out of retirement, and that's a good sign for the labor market.
Early retirements among older Americans were among the many labor distortions related to the Covid-19 pandemic, according to economists, as health risks and other factors led many to leave their jobs.
But there's an open question: Are these retirements permanent, or will these workers rejoin the labor force?
The answer could have big implications for the U.S. economy and even the finances of everyday Americans, at a time when overall labor force participation has remained stubbornly low.
The number of retirees re-entering the job market is picking up, according to Nick Bunker, economic research director for North America at job site Indeed.
That's largely a
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