Search results
Results from the WOW.Com Content Network
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 ...
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.
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 ...
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.
Millions of workers were dislocated from their jobs, leading to multiple weeks of record shattering numbers of unemployment insurance applications. Consumer and retail activity contracted, with many businesses (especially restaurants) closing. Many businesses and offices transitioned to remote work to avoid the spread of COVID-19 at the office.
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 ...
Older people have different requirements from society and government, and frequently have differing values as well, such as for property and pension rights. [1] Older people are also more likely to vote, and in many countries the young are forbidden from voting. Thus, the aged have comparatively more, or at least different, political influence. [2]
Unsurprisingly, this ageism is impacting the way workers show up to their jobs. Discrimination bulldozes employee well-being: of workers aged 40 or older who have faced ageism, 45% say the bias ...