Disagree with article's general perspective, and think most data do not support it. According to gov't (BLS), the US participation rate for 55+ (and every age sub-category) has been INcreasing over past 20+ years while that of younger groups has been progressively DEcreasing.
Civilian labor force participation rates by age, sex, race, and ethnicity
Not sure if 55+ crowd can't retire or just won't, but data show this is NOT an issue unique to the present economic "recovery". Are more and more older Americans working longer (& paying more taxes) so their adult kids can hang out and scrape by on the dole? If the BLS stats do represent a lesser work ethic amongst the upcoming generation(s), then the best of times may be in the rearview mirror
Civilian labor force participation rates by age, sex, race, and ethnicity
Not sure if 55+ crowd can't retire or just won't, but data show this is NOT an issue unique to the present economic "recovery". Are more and more older Americans working longer (& paying more taxes) so their adult kids can hang out and scrape by on the dole? If the BLS stats do represent a lesser work ethic amongst the upcoming generation(s), then the best of times may be in the rearview mirror