Who Are You Calling Old?
An increasing number of companies are hiring senior citizens in recent years, causing many employers to rethink their conceptions concerning this portion of the population. The rise of the age 65+ workforce shouldn’t come as too much of a surprise – they are one of the fastest growing demographic segments in the U.S. population and are distributed throughout every region of the nation.
Statistics indicate that nearly a quarter of adults over 65 are currently employed, which is definitely high when compared to previous data. There are many reasons for the recent boom, most of which suggest that the trend won’t be declining in the near future. First of all, the current economic environment has led many mature adults to seek supplemental income that they might not have needed in times past. Likewise, health insurance benefits are a perk bringing adults out of retirement. In other cases, parents who depended on their children for financial assistance now find that source drying up, leading them to seek jobs for themselves.
A large portion of the 65+ workforce isn’t in dire straits. Rather, they are talented individuals who are eager to put their specialized skills to use. Often referred to as “mature associates,” they offer vast experience and a work ethic not as common in younger generations. As more and more employees recognize the unique benefits of the 65+ demographic, they will continue to comprise a sizeable portion of the national workforce.
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