When retirement security declines, so does older workers’ bargaining position to demand good wages and conditions. Most of the fastest-growing jobs in the U.S. economy, such as in healthcare and software engineering, are unlikely to benefit older workers. We desperately need a Gray New Deal that improves jobs for older workers while also restoring and boosting pensions and retirement security. AdvertisementAn Older Workers’ Bureau at the Department of Labor could help steer and support such efforts. Strengthening pensions would help ensure that older workers get better wages and conditions and are working by choice rather than necessity.

Source: Los Angeles Times February 26, 2024 16:18 UTC