No mistake.
The article does not really break down who is not working.
From what I have seen, the real losses are among the young AND the over 50’s. Ie, those who can’t get started and those forced into early retirement, often very early retirement.
I’m one of those who did not have my (government) contract renewed, can’t get work in my field, and have had to “retire” 7 years earlier. Fortunately, Mrs. VanShuyten has a very good job and can work until she wants to leave - no mandatory retirement age for her position, but without her, I would be in a much poorer situation.
lots of older people are retired because they have a fat pension...not so for a large number of us...luckily, I am still in demand and make good money at 60 and God willing, I’ll keep at it a few more years...