What You Need to Know
- Agents can use the data in the aging Americans profile reports for free, without copyright worries.
- 25% of non-institutionalized Americans ages 65 and older have employment-based health coverage.
- 31% have difficulty hearing.
The employment rate for Americans ages 65 and older fell sharply in 2020, according to data in the federal government’s new 2020 Profile of Older Americans.
Because of the effects of the COVID-19 pandemic and of the pandemic-related recession, the percentage of older men still working fell to 22.3%, from 24.7% in 2019. That was the lowest employment rate for men since 2010.
The percentage of older women still working fell to 14.5%, from 16.4%. Older women’s employment level was the lowest since 2012.
The Administration on Aging included an employment rate table in the older Americans profile report, along with state-by-state population size and growth tables and data on many other characteristics, such as marital status, living arrangements and health insurance coverage.