Who Will Hire Me When I'm 64?
Challenges in Increasing the Employment of Older WorkersDecember 4, 2007 As the first wave of baby boomers reaches the age of Social Security entitlement, the United States faces a demographic tsunami. The decline in the ratio of working adults to retirees and rising health care costs will strain the federal budget and reduce per-capita economic growth. Increased employment of older Americans could help sustain economic growth and fiscal solvency. In recent years, the century-long trend toward lower labor force participation rates at older ages has reversed course, while improved health, jobs' reduced physical demands, relatively lower Social Security benefits, and a continued decline in traditional pension benefits will encourage more people to work longer. But will the right jobs for older workers be there?
Resources"Should People Work Longer and Will They?" "Are Employers Willing to Hire and Retain Older Workers?" "Highlights of a GAO Forum: Engaging and Retaining Older Workers" Workplace Flexibility 2010 flyer "Definition of Workplace Flexibility" "Legal and Research Summary Sheet: Phased Retirement" Newhouse News Service articles
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