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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 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 ...
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 ...
Some low-income older Americans struggle to navigate benefit thresholds. The share of Americans receiving government aid has increased over the past several decades. Programs like Medicaid, SNAP ...
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.
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.
The new organization was formally announced in July 1961. The United Auto Workers and United Steelworkers pushed their retirees to sign up as members, and both unions as well as the AFL-CIO contributed seed-money to finance the group. Forand, who had retired from office in 1960, became the NCSC's first president and William Hutton, a public ...