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Monday, December 7th, 2009

More Californians Are Working Later

April 8, 2009 by Sandy Mitchell  
Filed under Finance

A new study by the California Budget Project indicates that more Californians are working later in life, especially women. No surprise to many of use who have forged new careers over age 45.

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A few of the other key points of the survey include:

* More Californians, men and women, are working longer. Last year, 63 percent of people age 55 to 64 were employed, up from 58 percent in 2000.

* Older residents, 65 to 69, are still working, 29.7 percent last year, compared to 22 percent in 2000.

* About half of women are still working, a figure that has climbed steadily from 32 percent three decades ago. During that time, the percentage of working men declined from 58 percent in 1979 to 51 percent in 1995, then rebounded to 60.7 percent in 2008.

(photo credit: Newscom)

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