Is 70 the new 60? Extending American women’s and men’s working lives
Although the United States economy rebounded relatively quickly from the global recession, older workers wanting or needing to work longer confront similar limitations to those in other countries. The critical role of Social Security for shaping patterns of later life work is considered, alongside the US neoliberal stance that minimizes family-friendly policies that would support more equal gender outcomes for work and retirement. Instead, the structure of employment markets, persistent gender gaps in pay, raced and gendered outcomes related to sources and amounts of retirement income, and increasing retirement ages that compel some of the most vulnerable Americans to work longer are considered. The concept of extended working life is considered at both ends of the adult life course, taking into account the challenges of both young and older workers given the realities of the US labour market, underscoring the importance of taking both labour supply and demand into account to fully understand the implications of extended working lives. Although women bear a disproportionate burden of unpaid care, few compensatory policies exist to ensure their income adequacy in old age. That, combined with ageism in the American workplace, make older women who have interrupted work histories or lifetimes of low paid or part time work very vulnerable to experiencing precarious employment, or low incomes/poverty in old age.