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Older Workers More Productive (As If You Didn’t Know)
Posted By Carole Fleck On July 11, 2013 @ 3:13 pm In Industrial Revolution | Comments Disabled
New research  found that workers between the ages of 60 and 74 were actually more productive on average than their younger counterparts.
Gary Burtless, a senior fellow at the Brookings Institution, used funding from the Social Security Administration  to examine whether an aging workforce has dragged down worker productivity over the past 25 years.
Contrary to what many employers may believe, “the answer is an emphatic ‘no,’” he says.
Related: Best Employers For Workers Over 50 
Indeed, the percentage of people age 65 and older in the workforce grew by a whopping 16 percent in 2010, government figures show. Workers ages 65 and 69 in the labor pool grew 9 percent to nearly 31 percent in 2010.
Burtless also found that older adults have seen impressive gains as they stay in the workforce. Between 1985 and 2010, employees ages 65 to 69 have had 30 percentage-point gains in income while those 70 to 74 saw their income grow at least 28 percentage points higher.
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Article printed from AARP: http://blog.aarp.org
URL to article: http://blog.aarp.org/2013/07/11/older-workers-more-productive-as-if-you-didnt-know/
URLs in this post:
 Image: http://blog.aarp.org/wp-content/uploads/2013/07/8060307285_c84e2f4ba8.jpg
 New research: http://www.brookings.edu/blogs/up-front/posts/2013/06/10-aging-workforce-less-productive-burtless
 Social Security Administration: http://blog.aarp.org/2013/06/28/ssa-oversight-of-program-ineffective-gao-report-says-social-security/?intcmp=AE-BLIL-BL
 Best Employers For Workers Over 50: http://www.aarp.org/work/employee-benefits/best_employers/?intcmp=AE-BLIL-DOTORG
 Photo: Dorron/flickr: http://www.flickr.com/photos/dorron/8060307285/sizes/m/in/photolist-dhgbxg-dZtHSx-an5Zh6-3cn9uM-3cn8Np-3cry47-3cn8JV-3cn8AV-3cry8J-3crxHf-3cn9f6-3cn9DX-3crz69-3cn9Na-3cryfL-3cn9JK-3cn9zK-3crycC-3cn98T-3cn8F6-3cn94T-5FMTuT-9qHWuy-9qEVTc-9qEVpc-9qHWhQ-9qEVED-e8ZYWB-47Enfs-cwgqCC-8eDsRR-81Ct96-3eMCWC-3eHeL4-3eMCCG-3eMCwN-3eHfCk-3eHeUX-3eHf6r-3eHeur-8m8ZHd-8m5QoP-8m8ZMY-8m8Zzo-8m9131-8m5Qs8-8m5Qkk-8m5QAz-8m8ZuG-8m91h1-8m91pm/
 Boomers Least Engaged of All Workers: http://www.forbes.com/sites/nextavenue/2013/07/15/boomers-americas-least-engaged-employees/
 Why Older Workers Can’t Get a Break: http://blog.aarp.org/2013/07/22/did-stronger-age-bias-laws-aid-older-workers/?intcmp=AE-ENDART2-BL-BOS?intcmp=AE-BLIL-BL
 Join AARP: https://appsec.aarp.org/MSS/join/application?intcmp=AE-ENDART3-BL-MEM
 AARP home page: http://www.aarp.org/?intcmp=AE-ENDART3-BL-HP
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