Seniors

 Axios - America is rapidly getting older — and we're completely unprepared. Seniors are an increasing share of the population. And with advances in longevity, seniors of the future are likely to require longer care, Axios' Caitlin Owens writes. Americans 65 and older will make up more than 20% of the population by 2030, up from 17% in 2022, according to census projections. Federal spending on Medicare is expected to swell. But the change will be felt economy-wide: A smaller share of the population will be working age. And more may drop out of the workforce for caregiving responsibilities. There are already health care worker shortages, which worsened during the pandemic and are particularly acute in long-term care. More