Derailed by the COVID-19 Economy? An Intersectional and Life Course Analysis of Older Adults’ Shifting Work Attachments

This paper addresses the uneven employment effects on older Americans (aged 50–75) of the COVID-19 pandemic. Drawing on monthly Current Population Survey data from January through December 2020, we take an intersectional and life course approach to study the labor market effects of COVID-19 on older Americans. First, we chart monthly labor force states throughout 2020 for older adult subgroups defined by age, gender, and race/ethnicity. We then examine transitions out of and into work from one month to the next. We find gendered age-graded declines in employment, increases in unemployment, and increases in the proportions of people in their 50s reporting they are not in the labor force for other reasons (NILF-other), most dramatically for Asian and Hispanic women. There is little change in age-graded retirement from before to during the pandemic, regardless of gender or race/ethnicity, though there are education-level effects, with those without a college degree more likely to retire in the face of COVID-19. White men with a college degree are the most apt to retain their work engagement.