The study--International Profit from Experience--was released in advance of a conference on the same sponsored by AARP, in partnership with the European Commission, the Business Council for the United Nations and Nikkei. Among the survey's key findings:
- Age discrimination is the single largest barrier for those 50+ who want to continue working past their anticipated retirement age, with at least 60% of employees 50+ in each G7 country viewing age discrimination as the primary barrier to securing new jobs;
- Older workers in the G7 countries want to continue to work on average an additional 5 years;
- Surges of immigration and productivity that might offset the anticipated decline in skilled workers are unlikely to occur; and
- Allowing employees to continue working past their traditional retirement age will not only allow older workers to remain in their careers and stay active, but will have a positive impact on an employer’s bottom line.
An executive summary of the full 124-page report is also available.
Source: AARP Press Release (September 25, 2007)