Monday, February 20, 2006

The Bridge JOB

American baby boomers may be looking for that kind of job, what the economists call the bridge job, a new category of employment.

Economists use this term to describe part-time or full-time jobs typically held for less than 10 years following full-time careers. According to a 2005 working paper from the Center on Aging and Work at Boston College, one-half to two-thirds of workers take on bridge jobs before fully retiring--one reason the number of workers 65 and up is expected to increase 117% by 2025.

Revamping the retirement system requires a shift in attitudes and changing of rigid bureaucratic rules.

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