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More than 2 million Americans who retired during the coronavirus pandemic and were expected to return to the labor force have declined to do so, leaving companies scrambling to lure back “excess retirees,” according to economic analysts.

A study by the Federal Reserve Bank of St. Louis found that there were 1.98 million excess retirees as of September, according to Bloomberg News.

Late last year, there were 2.8 million excess retirees.

The number has recently bounced higher after dipping to 1.7 million in June, according to government data.

In the pre-pandemic period, the labor force participation rate of those over the age of 65 reached nearly 21%.

By the summer of 2021, however, as the nation was in the thick of COVID-induced lockdowns, the participation rate dipped to just over 18%.

As of late October, the number still hadn’t fully recovered, with just 19.3% of those in the labor force over the age of 65.

In the first 18 months of the pandemic, there were around 2.4 million additional Americans who retired unexpectedly — a majority of the 4.2 million who left the work force between March 2020 and July 2021, according to the St. Louis Fed.

Since then, around 1.5 million retirees re-entered the workforce.

A survey by personal investment firm T. Rowe Price found that the need for mental stimulation as well as financial reasons motivated the “unretirement” trend .

The exodus of retirement-age Americans has created a shortage in the labor market — prompting companies to scramble to fill their payrolls.

Firms are offering retirees incentives such as part-time or remote work in hopes of filling key roles.

Blue-chip companies like H&R Block, Microsoft, and Bank of America are among more than 2,500 businesses who signed an AARP pledge to facilitate an age-inclusive workforce.

Michigan, which is suffering through a severe teacher shortage, recently tweaked a law that aims to make it easier for teachers to come out of retirement and head back to the classrooms without risking their pensions.

Employers posted 9.6 million job openings in September, up from 9.5 million in August and a sign that the US job market remains strong even as the Federal Reserve attempts to cool the economy.

The September openings are down from a record 12 million in March 2022 but remain high by historical standards.

Before 2021 — when the American economy began to surge from the COVID-19 pandemic — monthly job openings had never topped 8 million.

Unemployment was 3.8% in September, just a couple of ticks above a half century low.

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Politics

Rachel Reeves turning around UK’s finances ‘like Steve Jobs did for Apple’, claims minister

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Rachel Reeves turning around UK's finances 'like Steve Jobs did for Apple', claims minister

Rachel Reeves will turn around the economy the way Steve Jobs turned around Apple, a cabinet minister has suggested ahead of the upcoming spending review.

Science and Technology Secretary Peter Kyle compared the chancellor to the late Apple co-founder when asked on Sky News’ Sunday Morning with Trevor Phillips where the £86bn for his department is coming from.

Politics Live: Winter fuel payment cut to be dealt with ‘in run up to autumn’

Steve Jobs. Pic: Reuters
Image:
Apple Inc. chief executive Steve Jobs, who died in 2011. Pic: Reuters

Rachel Reeves
Image:
Chancellor Rachel Reeves


The package, confirmed ahead of the full spending review next week, will see each region in England granted £500m to spend on science projects of their choice, including research into faster drug treatments.

Asked by Trevor Phillips how the government is finding the money, Mr Kyle said: “Rachel raised money in taxes in the autumn, we are now allocating it per department.

“But the key thing is we are going to be investing record amounts of money into the innovations of the future.

“Just bear in mind that how Apple turned itself around when Steve Jobs came back to Apple, they were 90 days from insolvency. That’s the kind of situation that we had when we came into office.

“Steve Jobs turned it around by inventing the iMac, moving to a series of products like the iPod.

“Now we are starting to invest in the vaccine processes of the future, some of the high-tech solutions that are going to be high growth. We’re investing in our space sector… they will create jobs in the future.”

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The spending review is a process used by governments to set departmental budgets for the years ahead.

Asked if it will include more detail on who will receive winter fuel payments, Mr Kyle said that issue will be “dealt with in the run-up to the autumn”.

“This is a spending review that’s going to set the overall spending constraints for government for the next period, the next three years, so you’re sort of talking about two separate issues at the moment,” he said.

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‘So we won’t get an answer on winter fuel this week?

Scrapping universal winter fuel payments was one of the first things Labour did in government – despite it not being in their manifesto – with minsters saying it was necessary because of the financial “blackhole” left behind by the Tories.

But following a long-drawn out backlash, Sir Keir Starmer said last month that the government would extend eligibility, which is now limited to those on pension credit.

Read more: Spending review 2025 look ahead

It is not clear what the new criteria will be, though Ms Reeves has said the changes will come into place before this winter.

Mr Kyle also claimed the spending review will see the government invest “the most we’ve ever spent per pupil in our school system”.

However, he said the chancellor will stick to her self-imposed fiscal rules – which rule out borrowing for day-to-day spending – meaning that while some departments will get extra money, others are likely to face cuts.

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Science

Scientists Discover Heaviest Proton-Emitting Nucleus After Nearly 30 Years

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Scientists Discover Heaviest Proton-Emitting Nucleus After Nearly 30 Years

Nuclear physicists have detected the radioactive disintegration of a rare isotope of astatine for the first time. This shows that the heaviest element found in nature may be modified a lot, maybe even destroyed, in a way that scientists didn’t predict. That oddball radioactive decay with 85 protons and 103 neutrons is almost (but not quite) a nuclear species that we would call stable. The finding was made by researchers at the University of Jyväskylä in Finland, and it’s a major development for nuclear physics. It describes something that just shouldn’t be and then shows us what the forces are that make for heavy atomic structures.

Rare Proton Decay in 188At Sheds Light on Extreme Nuclear Shapes and Stability Limits

As per a report published in Nature Communications on May 29, 2025, the isotope was produced using a fusion-evaporation reaction that entailed the irradiation of a natural silver target with strontium-84 ions. The exotic nucleus, 188 At, has a pronouncedly prolate form (of a ”watermelon” type) generated by the neutron and proton normal and attractive interaction in the inner shells of heavy nuclei experienced as a projectile in our case study.

Henna Kokkonen, the doctoral researcher who made the discovery, has mentioned that the proton emitted allows an unstable nucleus to progress towards stability by getting rid of a proton. The 190 At isotope was found by Kokkonen with the investigation of rare decay in the heavy nucleus, the rare interaction in the binding energy of the proton, and presumably a tendency change in the heavy atom region.

The team of the theory and experiment workshop pointed out the importance of exploring new decay modes and testing predictive models at the extremes of the periodic table. They also talked about how technology has improved in making and studying isotopes with short lifetimes.

Isotope discoveries of this scale remain rare in modern nuclear physics. Kokkonen expressed pride in contributing to a global effort that deepens our understanding of atomic structure. Each such finding helps refine our knowledge of nuclear forces, elemental formation, and the fundamental limits of matter. The breakthrough underscores how even after a century of nuclear science, the field continues to yield surprises from the smallest building blocks of the universe.

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Google DeepMind’s Demis Hassabis Wants to Build AI Email Assistant That Can Reply in Your Style: Report



Mistral Code AI-Powered Coding Assistant Introduced for Enterprise Developers

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Science

Hubble Unveils Galactic ‘Cotton Candy’ in the Large Magellanic Cloud

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Hubble Unveils Galactic ‘Cotton Candy’ in the Large Magellanic Cloud

Hubble’s latest view reveals a jewel-like cloudscape of gas and dust in the Large Magellanic Cloud (LMC), a dwarf galaxy about 160,000 light-years from Earth. This Milky Way companion is our galaxy’s largest satellite, and its active stellar nurseries glow in intricate pastel filaments. The wispy tendrils in the image have been likened to brightly colored “cotton candy” because of their pink, blue and green hues. Astronomers use scenes like this to probe star formation and dust. By tracing where dust hides newborn stars, Hubble’s sharp view reveals the structure of stellar nurseries in this nearby galaxy.

Galactic Cotton Candy: Nebula and Stars

According to NASA’s official site, this rich nebula was imaged with Hubble’s Wide Field Camera 3 (WFC3) using five different filters, including ultraviolet and infrared bands. Each filter isolates a range of wavelengths, so the composite image highlights different components of the cloud. Bright regions mark hot young stars lighting up gas, while darker filaments are cooler dust clouds blocking light.

In effect, the image maps the interplay of stars and gas: astronomers see how massive stars sculpt the nebula, triggering new generations of star birth in the gas and dust. The vivid patterns of emission and absorption trace the LMC’s galactic structure, helping researchers study how its interstellar medium fuels star formation.

Beyond the Visible: Filters and False Color

Hubble’s technicians assigned colors to the filtered data to make the invisible visible. Visible-light filters use their natural hues, while ultraviolet light is shown as blue/violet and infrared as red. In this five-filter image, for example, ultraviolet-dominated spots and infrared-bright regions are translated into shades of blue, purple and red. This color scheme “closely represents reality while adding new information” from parts of the spectrum our eyes cannot see. In practice, it means the image remains scientifically faithful but emphasizes features that humans would otherwise miss.

The final result is both a tool and a portrait: astronomers gain insight into the composition and temperature of the gas and dust (for example, hydrogen-rich regions glowing pink), while the public enjoys a stunning, otherworldly view of a neighboring galaxy.

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