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As employers report worker shortages, state officials are beginning to look for ways to support older workers willing to fill the gaps, says Mandeville, the 75-year-old Council on Aging director.
The graying of the U.S. workforce is gaining momentum. A Pew Research survey found nearly a fifth of Americans age 65 and older were employed in 2023, nearly double the three decades prior ...
Population aging can potentially change American society as a whole. Many companies use a system, in which older, tenured workers get raises and benefits over time, eventually hitting retirement. [165] With larger numbers of older workers in the workforce, this model might be unsustainable.
Older workers are sometimes perceived as "doddering but dear,” Christina Matz, associate professor at the Boston College School of Social Work, and director of the Center on Aging and Work told BBC.
Active ageing (active aging in the US) is a concept recently deployed by the European Commission, the World Health Organization, and used also in Human Resource Management. This concept evokes the idea of longer activity, with a higher retirement age and working practices adapted to the age of the employee.
The potential support ratio (PSR) is the number of people age 15–64 per one older person aged 65 or older. This ratio describes the burden placed on the working population (unemployment and children are not considered in this measure) by the non-working elderly population. [1] As a population ages, the potential support ratio tends to fall.
Roughly 1 in 5 Americans over 65 were employed in 2023, four times the number in the mid-80s. Employers are gradually recognizing the value of older workers and taking steps to retain them.
SCSEP was authorized by the United States Congress in Title V of the Older Americans Act of 1965 [3] and its later amendments [4] to provide subsidized, part-time, community service work based training for low-income persons age 55 or older who have poor employment prospects. The program has evolved significantly in the last 50 years.