Last month, there were 3.6 million more Americans who had left the labor force and said they didn't want a job compared with November 2019, says Aaron Sojourner, a labor economist and professor at the University of Minnesota's Carlson School of Management.
Older Americans, age 55 and up, accounted for whopping 90% of that increase.
"I think a lot of the narratives imagine prime-age workers as being missing, but it actually skews much older," Sojourner told CNN Business.
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https://www.cnn.com/2021/12/15/economy/labor-force-retirement-great-resignation/index.html
This makes complete sense when you consider who is dying the most now from Covid. It's 75% of the deaths are people over 65 and 21% of the deaths of people over 45.
This means that 96% of Covid Deaths are people over 45 years old.
So, if you want to be alive to retire and experience retirement doing it now could ensure you still might be alive 10, 20, 30, or more years from now.
In my own case I got a heart virus at age 50 and retirement was the only option at that time. But, I found out I had an undiagnosed Thyroid issue too in 2006 when I was 58. So, when that problem that likely would have killed me between 60 and 65 was solved I realized I was almost to normal retirement age and by then had adapted to retirement. It takes about 5 years to adjust to being retired simply because it is sort of like a never ending summer or winter vacation from school when you are a kid. Some people are okay with this and some people cannot deal with it at all. One solution for people need to be busy is hobbies or working over Zoom so you don't get infected with Covid.
The thing I miss most in my retirement which is caused completely by Covid now, likely would be going with friends to Hawaii once a year and snorkeling and traveling over Kauai and Maui especially and sometimes the Big Island of Hawaii to see the volcano active and stuff. I also like driving out to Hana on maui and up to Haleakala Crater at 10,000 feet on Maui too.
The other thing I miss is going inside restaurants and to movie theaters. I haven't done either since late 2019 or early 2020 now. It's one reason I'm still alive today at 73. California has one of the lowest deaths per capita regarding Covid. Also because so many people always wear masks and social distance and because of vaccination mandates for many groups of people within the state now including State government workers and teachers in schools and likely children in schools throughout the state too. People who want to stay alive and can afford to live in California likely are moving here now because of the low mortality per capita from Covid too, especially along the coast from San Diego north to San Francisco and beyond.
However, before you move here (unless you are going to live in your motor home or trailer or other vehicle) you should check rents and how expensive it is to buy in whatever area you want to live in in California.
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