Booming elderly population working less

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US - The number of US citizens aged 65 and over is expected to double within 25 years, but the number of US males over 65 in the workforce has declined from 46% in 1950 to just 19% in 2003, according to a US Census Bureau report.

That ageing population is likely to place a heavy burden on the government as social security remained the largest provider of income for many older Americans, according to the ‘65+ in the US: 2005...

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