During the pandemic, the percentage of workers over 65 in industrialized countries fell significantly. The need to reduce the workforce due to the economic downturn and the fear of contagion led many active retirees or those who had postponed their decision to do so to opt for retirement.

Based on historical experience, few economists expected those who chose to retire to return to the fray. But this year, according to The Economist magazine, The Economist, the trend has reversed. The British magazine ventures that today there is greater participation by people over 65 in the labor market in developed countries than before the pandemic. Statistics in Europe show that since the end of 2020, there has been an increase in the number of people between the ages of 55 and 74 moving from inactivity to employment.

There are good and bad reasons behind this trend. On the one hand, inflation is eroding the purchasing power of many retirees, especially those who receive a fixed amount, forcing them to generate income. But we are also (for now) in a tight labor market, where many companies are forced to fill vacancies with those who come knocking on their door without too much discrimination, offering attractive salaries, even if only for part-time jobs.