The strains of our aging society imply that most older Americans will need to continue working later in life to stave off financial insecurity in old age. Can a flexible work arrangement help make this happen?
The leading edge of the Baby Boomers reached traditional retirement ages at the height of the Great Recession and its aftermath. Not only did the Early Boomers face a very different set of macroeconomic conditions than prior cohorts did, but they were also more exposed to market forces as a result of a decades-long shift away from defined-benefit pension plans to defined-contribution plans, like 401(k)s. To what extent did these changes alter their retirement patterns?
In November 2014, Oregon voters decided to legalize and regulate cannabis. ECONorthwest conducted a comprehensive analysis that estimates that first year of sales would generate $38.5 million in tax revenue.