Wednesday, December 13, 2017

Work Life Expectancy at Age 50

How many years of work life remain for men and women at age 50? That depends on their educational attainment, according to a study published in Demography. Those with a college degree have a significantly longer work life expectancy than those with no more than a high school diploma, the researchers found. For Black men, having a college degree more than doubles their work life expectancy at age 50. Here are the results by highest level of education...

Black men
High school diploma: 8.2 years
College degree: 17.6 years

Black women
High school diploma: 9.9 years
College degree: 10.3 years

Hispanic men
High school diploma: 11.0 years
College degree: 14.3 years

Hispanic women
High school diploma: 11.2 years
College degree: 12.9 years

Non-Hispanic white men
High school diploma: 13.2 years
College degree: 16.3 years

Non-Hispanic white women
High school diploma: 11.5 years
College degree: 14.4 years

Some of the difference in work life expectancy by education is due to higher mortality rates among the less educated, say the researchers. But most is "attributable to weaker labor force attachment among the less-educated."

Source: Demography, Working Life Expectancy at Age 50 in the United States and the Impact of the Great Recession

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