Older workers are ‘unretiring’ after leaving the workforce during the pandemic

Axios

U.S. household net worth soars

Data: Bureau of Economic Analysis; Federal Reserve Board; World Bank; McKinsey Global Institute analysis; Chart: Axios Visuals U.S. household net worth has soared to a nearly sixfold multiple of the country’s gross domestic product.Why it matters: The past two decades of growth in net worth are mostly due to the appreciation of assets like real estate and equities — not to the accumulation of savings, according to a new report out from McKinsey Global Institute. Stay on top of the latest market