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From Urban Institute:
Older adults' employment is attracting attention as many baby boomers approach traditional retirement ages.
This fact sheet examines employers' current attitudes toward older workers and the likely future demand for their services.
They view older white-collar workers as more productive than younger white-collar workers.
Yet, employers express concern that older workers may be less creative, less willing to take initiative, less willing to learn new things, and less able to perform physically demanding jobs.
In some cases, age--wage rate relationships reflect historical seniority arrangements instead of relationship of age and experience to productivity.
Most employers report that older workers' high productivity offsets their higher costs.
Read more from this post.
Posted on January 29, 2008 7:30 PM
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