Baby Boomers Not Retiring In Kentucky

LOUISVILLE, Ky. (AP) - Many Baby Boomers aren't retiring in

Census data shows older workers are one of the fastest-growing
segments of the state's work force.

University of Louisville demographer Ron Crouch told the
Courier-Journal the state has a growing older work force and a
decline among younger workers.

U.S. Census Bureau statistics show 111 of Kentucky's 120
counties had an increase in the percentage of workers over 55 years
of age.

The report covers the period from 2001 to 2004.

Kentucky Education Cabinet labor market analyst Justine Detzel
said companies will be faced with large decreases not only in
personnel, but in experience as older workers eventually retire.

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  • by She Location: Richmond on Jul 16, 2008 at 01:19 PM
    it's going to get to the point no one can "officially" retire anymore if things keep going the way the are now. I guess we will all have to work up to the day we die!!!! They say our Soc.Sec. will run out before we are eligible anyways we will have to work in order to eat, pay our bills. This country is going down hill FAST!!!
  • by gary Location: bottom of the barrell on Jul 16, 2008 at 05:43 AM
    who can retire with all our 401K linked to a stock market that is in a nose dive. Looks like we all work an extra 7-10 years longer than we thought....should have got my SSI instead.


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