Why Older Americans Are Fleeing the Workforce
The Journal.
The Wall Street Journal
4.2 • 5.8K Ratings
🗓️ 22 November 2021
⏱️ 16 minutes
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| 0:00.0 | Over the last year, there's been a surge in retirement with millions of Americans deciding |
| 0:10.6 | to end their careers. |
| 0:12.8 | People like Bruce White. |
| 0:14.8 | My name is Bruce White. |
| 0:16.3 | I live in Stuart, Florida. |
| 0:18.7 | How old are you? |
| 0:19.7 | I'm 64. |
| 0:20.7 | Now I just turned 64 yesterday. |
| 0:24.0 | Happy birthday? |
| 0:25.0 | Yeah, well. |
| 0:28.4 | In the pandemic hit, Bruce lost his job. |
| 0:31.4 | He'd been a records manager at a large chain of resorts. |
| 0:35.1 | And Bruce assumed he'd be able to find a new job. |
| 0:38.1 | But that wasn't the case. |
| 0:40.1 | In the past, I'd never got a problem, but this time it seemed different. |
| 0:45.5 | How many jobs do you think you applied for? |
| 0:49.1 | At least 100, probably 115, 120. |
| 0:53.2 | Eventually, about a year ago, Bruce gave up. |
| 0:57.2 | My wife realized how much stress it was pointing on me. |
| 1:01.4 | I went in the serious depression. |
| 1:03.2 | I mean, I'm on medication because of it, but I didn't want to get up in the morning. |
| 1:09.1 | So she finally said enough is enough. |
... |
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