Older Americans Are Leaving , the Labor Force at an Alarming Rate.br CNN reports the COVID-19 pandemic has accelerated retirement for many Americans.br CNN reports the COVID-19 pandemic has accelerated retirement for many Americans.br Each month since July, br over 4 million Americans quit their jobs.br According to research conducted by Goldman Sachs, almost 70 of those who quit jobs during the pandemic were 55 or older.br Experts worry that many of them br don't intend to return to work.br Part of it is a br job quality shortage. , Aaron Sojourner, labor economist, br University of Minnesota's br Carlson School of Management, br via CNN Business.br Part of it is a br job quality shortage. , Aaron Sojourner, labor economist, br University of Minnesota's br Carlson School of Management, br via CNN Business.br Economists say early retirement among high-income earners may stem from the inflated price of real estate and the strong stock market.br Economists say early retirement among high-income earners may stem from the inflated price of real estate and the strong stock market.br We already saw a large br portion of the Boomer workforce retiring. And they're in a better position now. , Nela Richardson, Chief Economist ADP, via CNN Business.br In November, 3.6 million people who had quit the labor force said they weren't looking for a new job.br 90 of those who had given up looking for new work were aged 55 and older.br 90 of those who had given up looking for new work were aged 55 and older.br I think a lot of the narratives imagine prime-age workers as being missing, but it actually skews much older. , Aaron Sojourner, labor economist br University of Minnesota's br Carlson School of Management, br via CNN Business.br I think a lot of the narratives imagine prime-age workers as being missing, but it actually skews much older.