Thanks to remote and hybrid work, british baby boomers are staying in the workforce longer than ever.
A recent survey by Smart Energy GB reveals that 70% of people over 60 in Britain are working in hybrid roles. Others maintain full-time remote positions.
With no need to commute, elders are balancing work and life more effectively, reinvigorating their careers.
The study showed that the flexibility of working from home allowed many baby boomers to pursue additional income streams.
Approximately 40% have launched side businesses, with tutoring emerging as the most popular choice.
In the United States, the proportion of workers aged 65 and older has seen a huge increase.
Nearly 20% of Americans in this age group remain employed. This is double the percentage from 35 years ago.
These older workers now contribute to 7% of all U.S. wages and salaries, a jump from 2% in 1987.
This newfound work-life balance enabled them to explore interests traditionally reserved for retirement while maintaining their primary careers.
Additionally, the “phased retirement” approach is gaining traction as workers seek greater control over their departure from full-time employment.
This is not only a trend in the United States. In the UK, 14% of baby boomers and late Gen Xers have “unretired,” with 4% considering a return to work.
The gender distribution shows that while 16% of women over 55 plan to resume their careers, the figure rises to 21% for men.
