Age 65 and Won’t Quit as Younger Workers Struggle Finding a Job

The average age of workers starting new positions has risen sharply since 2022.  The share of workers under 25 starting new positions in the labor market has been declining steadily since the mid-2010s, falling from around 16% to single digits by 2025. Over the same period, with a marked acceleration after 2022, the share of workers aged 65...