Workers Aged 55+ Increasingly Concentrated At U.S. Firms

Employment at firms with significant shares of workers over age 55 has increased over the past 16 years, according to a new federal report. Between 2006 and 2022, total employment at firms where at least 25% of workers were over age 55 grew from 12.8 million to 35.5 million.

The report presented data for nine sectors, including Health Care and Social Assistance. In the Health Care and Social Assistance sector, the share of total sector employment at firms where at least 25% of workers were age 55 or older increased from about 10% in 2006 to about 20 . . .