A new report by U.S. Money Reserve reveals that New England states exhibit the highest participation of older workers, with Vermont leading as the highest at 24.8%. This indicates a regional trend where higher educational attainment and living costs incentivize continued workforce involvement among seniors.
The data also highlights a contrasting trend in Southern states, where lower educational attainment and living costs correlate with lower rates of senior labor force participation. For example, states like West Virginia and Alabama are significantly lagging in terms of active senior workers.
#aging-workforce #senior-employment #regional-trends #educational-attainment #labor-force-participation
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