Monday, November 1, 2021

The Economics Daily

Bureau of Labor Statistics
The latest Economics Daily article is available here: https://www.bls.gov/opub/ted/2021/68-percent-of-private-industry-workers-had-access-to-retirement-plans-in-2021.htm. Highlights are below.

68 percent of private industry workers had access to retirement plans in 2021

11/01/2021

In March 2021, 68 percent of private industry workers had access to retirement benefits through their employer, with 51 percent choosing to participate. Ninety-two percent of workers in state and local government had access to retirement benefits, with 82 percent participation. The take-up rate—the share of workers with access who participate in the plan—was 75 percent for private industry workers and 89 percent for state and local government workers.

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