For the first time on record, senior citizens outnumber teens in the labor force as the Great Recession accentuates trends that make it harder for young people to find jobs and more likely for older workers to delay retirement.
This historic crossover is revealed in data compiled by Bloomberg News showing that 6.6 million people over age 65 worked or looked for work in the first six months of the year, versus 5.9 million 16- to 19-year-olds.