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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 ...
The Pew report uncovered that older workers are making more money than they did in 1987, with the median worker aged 65 or older earning $22 an hour, up from just $13 in 1987 and narrowing the ...
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.
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.
Obviously, a lack of financial stability is one reason many retirees are having a hard time, with the National Council on Aging reporting that around 80% of older adults either have money troubles ...
About 90% of U.S. workers aged 40 or older ... About 22% of employees 40 years or older say their work environments skip over older colleagues for challenging assignments, according to the report ...
Pew Research points out how older workers often want less physically strenuous jobs, and a National Bureau of Economic Research analysis shows that around 75% of occupations have become more age ...
In February, the percentage of jobseekers ages 55+ who were long-term unemployed was 36.1% compared with 23.7% among those ages 16 to 54. The average duration of unemployment was 34.4 weeks for ...