The pace of retirements among baby boomers accelerated during the pandemic.
More than two years later, many of those early retirees "are bored to death and looking to do something that has meaning and purpose," Jenkins said at a recent event hosted by the social impact nonprofit Concordia.
The pace of retirements among baby boomers, those born from 1946 to 1964, accelerated during the pandemic, a Pew Research Center analysis of monthly labor force data found. The number of boomers who reported that they were out of the labor force due to retirement grew 3.2 million in the third quarter of 2020 compared with the previous year. Before the pandemic, the number of retired boomers had been growing an average of 2 million each year since 2011, when the first boomer turned 65.
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