
According to the U.S. Bureau of Labor Statistics, between 1977 and 2007, employment of workers 65 and older increased 101%, compared to a much smaller increase of 59% for all employees. The number of employed men 65 and older rose 75%, but employment of women 65 and older increased by nearly twice as much, climbing 147%. While the number of employed people 75 and older is relatively small (0.8% of the employed in 2007), this group had the most dramatic gain, increasing 172% between 1977 and 2007.
So what are the implications for your workplace? Do older workers add value? Do they require special considerations?
The answers are “Yes” and “Sometimes.”