In recent years a larger share of people 65 and older is staying in or returning to the labor force. The labor force participation rate for older workers—the percentage of person 65 and older who are working or seeking employment—has been rising since the late 1990s. This is especially notable because the 65-and-over labor force participation rate had been at historic lows during the mid 1980s and early 1990s. Source: [...]
Since the mid-1990s there has been a dramatic shift in the part-time versus full-time status of the older workforce. The ratio of part-time to full-time employment among older workers was relatively steady from 1977 to 1990. Between 1990 and 1995, part-time work among older workers began trending upward with a corresponding decline in full-time employment. But after 1995, that trend began a marked reversal with full-time employment rising sharply. Between [...]
CIPD Age Discrimination at Work, Jan 2001: In a survey of over 1,000 people the Chartered Institute of Personnel and Development found that: - 1 in 8 workers had been discouraged from applying from jobs on grounds of age; - 1 in 4 think that employers are not interested in employing people over age 40. NOP evaluation survey, Spring 2001: Evaluating the Government’s voluntary Code of Practice on Age Diversity in [...]
Employment In 2009, 6.5 million (17.2 %) Americans age 65 and over were in the labor force (working or actively seeking work), including 3.6 million men (21.9%) and 2.9 million women (13.6%). They constituted 4.2% of the U.S. labor force. About 6.4% were unemployed. Labor force participation of men 65+ decreased steadily from 2 of 3 in 1900 to 15.8% in 1985; then stayed at 16%-18% until 2002; and has [...]
Highlights* - The older population (65+) numbered 39.6 million in 2009, an increase of 4.3 million or 12.5% since 1999. - The number of Americans aged 45-64 – who will reach 65 over the next two decades – increased by 26% during this decade. - Over one in every eight, or 12.9%, of the population is an older American. - Persons reaching age 65 have an average life expectancy of [...]