Tag: Older Workers

Chinese Example Highlights Progress in Automation

Road construction is an inconvenient fact of life in a modern world in which automobiles are central to how people get from place to place. Roadways need frequent repair and maintenance, causing traffic disruption and delays, not to mention a great deal of manpower. While the labor needed to build, maintain and repair roads is […]

New Data Shows Lack of Preparation and Regret Plague Many American Workers

Reaching retirement is a bittersweet goal and achievement for many Americans. On the one hand, it represents a well-earned transition to a quieter, more relaxing life after a long career. On the other hand, it represents the loss of some measure of purpose and worth for many. But for a growing number of Americans, retirement […]

Older worker at desk

The Growing Importance of Older Workers 

As Baby Boomers continue to reach retirement age at a breakneck pace and the American economy continues to expand and add jobs, there’s growing concern over skills gaps and labor shortages. What’s helping to mitigate this demographic trend is the increased willingness of older workers to stay in the workforce in one capacity or another.  […]

Older worker at desk

Financial Strain Puts Retirement Out of Reach for Many American Workers

A recent survey by Willis Towers Watson (WTW) reveals a growing financial strain among U.S. workers, with 88% struggling to meet basic living costs. Nearly half of employees (46%) are extremely worried about essentials such as food, healthcare, housing, and transportation. As a result, 44% of employees report living paycheck to paycheck, and 59% say […]

Worried About Brain Drain? Focusing on Older Workers Can Help

A recent study from Guild, a workplace education provider, explored what keeps employers up at night. Topping the list of worries business leaders named for 2024 was a loss of institutional knowledge as workers retire, with 82% of respondents citing that issue. That same study found that 93% of the business leaders responding were eager […]

As the Ranks of Older Workers Grows, Employers Urged to Capitalize on the Trend

It’s become a mantra resounding from more and more employers: Good help is hard to find. For years now, employers have bemoaned their inability to recruit and retain workers for the full range of employment, everything from low- to high-skill positions. But researchers who study the workforce and the trends shaping it point to a […]

Revealed: More Than 25% of Over 40’s Believe They Didn’t Get Hired Because of Their Age

64% of workers over 40 believe age-based discrimination in the workplace is common, while just 50% say the same about racism. 34% of U.S. workers in their 40s feel their age “holds them back” at work— more than sexism, disabilities, or sexual orientation. 60% of workers who lack confidence in their ability to get a […]

The Return of Older Workers

While the Great Resignation was originally blamed by many on lazy younger workers happy to sit back and collect COVID relief checks, further data showed that much of the labor shortage was due to older workers retiring early in large numbers. Many found that their skyrocketing home values and soaring stock prices in their 401(k)s […]

Older Workers Leading COVID-Era Jobs Exodus

The labor shortage employers are currently facing is obvious to anyone who’s recently eaten out at a restaurant or visited a retail store. Slow service, “help wanted” signs, and even businesses that are temporarily closed due to a lack of staff are increasingly common sights.

hiring

Is it Against the Law to Target Job Ads at Younger Workers?

One of the primary functions of a Human Resources department is to be aware of and ensure compliance with a wide range of laws and regulations involving workplace conduct, such as sexual harassment and various forms of discrimination.