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Monday, June 06, 2011

Canadian and irish Researchers Find that Older, Rural Workers Satisfied with Non-standard Work

Researchers studying urban and rural workers in Newfoundland, Ontario and Ireland report that the non-standard work often called a "dead-end job" has little impact on the happiness of older rural workers. Of all older (40 plus) rural workers, a majority were found to hold jobs other than year-round, full-time positions--including long- and short-distance commuters, part-time, seasonal, self-employed, early retirees--and generally these workers report being satisfied with their work-life balance, and even those supposedly holding "jobs of moderate or lower quality tend to make the best of their jobs and focus more on their non-working lives."

The researchers were led by Gordon Cooke, an associate professor at Memorial University of Newfoundland, and they presented in two papers at the Congress of the Humanities and Social Sciences, one by Sara Man of the University of Guelph and one co-presented with Deidre Hutchings, MBA student at Memorial University of Newfoundland. According to an article in the Vancouver Sun:
Using a massive Statistics Canada employment survey database including 25,000 employees in 6,000 workplaces, they found that just 6.8 per cent of 40-plus workers hold unskilled jobs with low pay and benefits. Seventeen per cent work in jobs with non-standard hours, but they have high levels of job satisfaction, ranking themselves an average of 3.3 out of 4.
Sources: CNW Group Press Release (June 3, 2011); Vancouver Sun "Older, rural workers OK with non-standard jobs, research shows" (June 5, 2011)

Survey: Top and Bottom Employers by Percentage of Workers over 50

A survey of Fortune 500 companies by RetirementJobs.com reveals that the airline industry has the highest percentage of employees over age 50, with American Airlines held the #1 position with 39% of its staff over age 50. On the other side, technology companies rank the lowest, wtih Google having ust 13% exceeding that age threshold and AECOM Technology holding the #1 positionn with 6.041% of its workforce over 50.

The survey--"Fortune 500 Companies: 2011 Rankings by Prevalence of Workers Age 50+"--is touted by RetirementJobs.com CEO Tim Driver as "helpful to age 50+ job seekers and existing employees to understand which companies and industries tend to employ a disproportionately high or low percentage of mature workers." In addition, he notes that "It is important to remember that while the findings might show where age bias is more or less prevalent, at this point we do not have information on whether or not these employers have committed to hiring older workers. We simply know that they do or do not tend to already employ older workers."

Sources: Retirementjobs.com Press Release (May 31, 2011); Second Act "Companies with the Most Older Workers" (June 6, 2011)

Thursday, June 02, 2011

Gallup Poll Finds Many Workers Expect To Work after Retirement Age

Gallup Poll has released survey results finding that 80& of American workers think they will continue working full or part time after they reach retirement age, ithe slightly more (44% to 36%) of them saying they will do so because they "want to" rather than because they "will have to." In addition, the poll--conducted April 7-11, 2011, with a random sample of 534 employed adults, aged 18 and older, living in all 50 states--finds that 63% of workers expect to work part time after retirement age, 18% expect to work full time, and another 18% expect to stop working altogether.
The 80% of current workers expecting to work past retirement age highlights the differences in retirement experience and expectations between current and future retirees. A separate question in the poll found a total of 18% of current retirees saying part-time work is a major (2%) or minor source (16%) of retirement income for them, compared with 74% of nonretirees (including those currently working and those not working) who expect part-time work to be a major (22%) or minor (52%) source of income in retirement.
Source: Gallup Poll News Release (June 1, 2011)

Tuesday, May 31, 2011

Insurers Report Little Difference in Worker's Compensation Experience Among Worrkers 35 to 64

According to published reports, Research from the National Council on Compensation Insurance (NCCI) suggests that there are little cost differences in the workers' compensation system among workers after the age of 35, up through 64. In a presentation to NCCI's Annual Issues Symposium in Orlando, Harry Shuford, NCCI's chief economist is quoted as saying: "Whatever impact on claim costs baby boomers will have, it's already in the workers' comp system. So there is no more stress on the system."
Looking at the leading types of injuries for those in the 20 to 34 year age group compared to those between the ages of 45 and 64 shows some marked differences.

For example, the top claim diagnosis for lost time claims in the older age group is sprain/rotator cuff, something that doesn't appear at all in the top 10 list of diagnoses for the younger workers. Knees are another source of injury for older workers, with torn medial cartilage/meniscus of knee the fourth top diagnosis for older workers, but not showing up in the list for younger workers, who suffered more back injuries and ankle sprains.
Harry Shuford's slides from his presentation are available online at: "More Older Workers: Workers Compensation and an Aging Workforce."

Source: Risk & Insurance "NCCI: Baby boomers pose little additional concern for comp system" (May 31, 2011)

Saturday, May 28, 2011

United Kingdom: London Employers Unprepared for Abolition of Mandatory Retirement

A survey conducted by the London Chamber of Commerce and Industry (LCCI) and Penningtons Solicitors LLP shows that 57% of London employers are not prepared for and 26% do not know about the 2011 abolition of the default retirement age (DRA). According to "Tackling the age-old problem of retirement, The Penningtons/LCCI survey of London employers on the changes to the default retirement age (DRA)," less than half--43%--of the employers consider themselves to be either quite well or very well prepared.

Other findings of the survey show that 78% think that workers should be retained on their ability rather than their age, 68% agree that the UK's employment legal framework needs to be modernized, 56% are concerned that older employees may refuse to retire even when they cannot perform their job effectively, and 54% are concerned about the lack of clarity about how to legitimately retire employees.

The report also includes a six-point plan to help employers minimize the risks of being on the wrong end of employment-related legal claims. Included in the plan are five best practice points together with advice on how to achieve a fair dismissal on capability grounds: (1) promoting more positive procedural terminology, (2) educating managers to respond to older workers' needs, (3) turning the annual appraisal system into a 365 day rolling program, (4) encouraging mentoring roles for older workers, and (5) building a workplace culture of transparency and clear communication.

Source: Penningtons Solicitors LLP News Release (May 26, 2011)

Friday, May 27, 2011

New Zealand: Research on Employer Preparedness; Calls for Public Employment Changes

New Zealand's Victoria University's announcement of a PhD dissertation showing that many organizations are under prepared for the loss of valuable knowledge as the oldest members of the baby boomer generation near retirement has led to calls for government employers to introduce more flexible working conditions so older workers can be retained in the state sector workforce.

First, the research: Dr. Carmel Joe's research suggests that few organizations have systems for identifying older experts or retaining their expertise after they retire. As part of her work, Dr. Joe created a model that organizations can use to identify the knowledge held by older experts and integrate it in to their knowledge retention processes. According to Dr. Joe:
Some aspects of a job can be documented but not everything. When I asked people what they would do if an expert in their team disappeared tomorrow, most replied that they'd have all the materials that person had generated but not the added element of the tacit knowledge they hold in their head.

Experts become very attuned and intuitive about what to do and what not to do but it's knowledge that is hard to define or write down. They also have a lot of referential knowledge—they know where to go to find things out.
One response to the research has come from Public Service Association national secretary Brenda Pilott who wants measures introduced that would allow older members of the workforce to work part-time. According to a news story written by Tim Donoghue, Plilott said:
The idea of more flexible arrangements to retain older workers and their expertise is something the public service wrestles with ... there needs to be more flexibility in terms of number of hours worked by older workers.
Sources: Victoria University News Release (May 18, 2011); Stuff.co.nz "Older workers 'need more flexible hours' " (May 21, 2011)

Thursday, May 26, 2011

North Carolina: Annual Workforce Report Looks at Recession Impact and Takes Note of Aging Workforce

North Carolina has issued a report on its workforce showing that the recession accelerated the state's shift from a traditional, manufacturing-based economy to a knowledge-based economy. Among other things, the report notes that while the recession slowed baby-boomer retirements, the impact is likely to be felt first and greatest in small cities and rural areas where more workers are near-retirement age.

According to "The State of the N.C. Workforce 2011-2020," while North Carolina’s age distribution is similar to that of the United States as a whole, the state’s micropolitan and rural areas have a higher proportion of older adults than their metropolitan peers, with the prime working age (ages 20 to 54) cohort in rural counties comprises almost a 5.5% smaller share of the total population than in metropolitan counties. In addition, across the state, retirees (over age 65) comprise 12.8% of the total population, but in rural counties that share jumps to 16.8%, and the proportion of pre-retirees (55-64) is also higher in rural areas.

In looking at particular industries, the report notes that one of the biggest challenges the state’s energy firms face is a rapidly aging workforce. "For instance, Duke Energy indicates that more than half of its 17,000 employees in the greater Charlotte area are eligible to retire in the next decade."

Among the reports recommendations is that North Carolina encourage "employers and communities to adapt to the potential impact of large-scale retirements by helping older workers remain in the workforce, continue learning, and mentor other workers while also helping companies develop appropriate success plans, especially for key
occupations."

Sources: North Carolina Commission on Workforce Development "2011 State of the N.C. Workforce Report"; Charlotte Business Journal "N.C. workers need to adapt to work-force challenges" (May 25, 2011)

Wednesday, May 25, 2011

Study: Boomers Show Fear of Retirement Planning

According to a white paper issued by Financial Engines, retirees and near-retirees feel uncertain about the future, fearful of poverty, and are not confident in their investing abilities. Specifically, "Understanding the Accidental Investor: Baby Boomers on Retirement" reports on interviews with over 300 baby boomers and finds that more than half expressed some form of uncertainty in what the future may bring, nearly half had a fear of poverty in retirement and were distrustful of the motivations or qualifications of financial services and insurance firms, and more than a third said that they did not feel confident or knowledgeable when it came to making important financial decisions.

The most frequently observed behaviors seen among the participants were:
Paralysis. Regardless of the primary emotion, the most common resulting behavior was ubiquitous across participants: to do nothing. While some were paralyzed with fear and uncertainty, others were prevented from taking action by confusion or not knowing whom to trust.
Avoidance. When faced with fear of unpleasant or difficult news, some participants said that they preferred not to know how bad the situation was rather than face the facts. Others said that they wanted to avoid spending their 401(k) assets altogether to give them something to fall back on if something unexpected came up.
Misplaced Trust. Given their distrust of the financial services and insurance industries and lack of confidence in their own financial knowledge, participants often turned to a friend or family member—qualified or not—for retirement advice.
Understanding the Accidental Investor | 4
Magical Thinking. Many participants resorted to magical thinking, telling themselves that everything would work out in the end, or that they could continue working indefinitely without having to adjust their standard of living.
Sources: Financial Engines Press Release (May 23, 2011); The Baltimore Sun "Fear, distrust prevent older boomers from making retirement decisions" (May 23, 2011)

Tuesday, May 24, 2011

AARP: Survey Show Depth of Recession's Effect on Older Workers

An AARP survey shows that older Americans, whether working or not, are emerging from the recent recession worried about their financial future and taking actions to rebuild some measure of retirement security. According to "Recovering from the Great Recession: Long Struggle Ahead for Older Americans", published by the AARP Public Policy Institute, 24.7% of those 50 and over surveyed reported exhausting all savings during the recession, and 36.4% who had difficulty making ends meet stopped or cut back on saving for retirement. To recover some financial stability, 44.1% said they would likely work part-time in retirement, and 33.4% said that they planned to delay retirement.
“This unprecedented economic recession has left a legacy of low confidence, lower savings and the lowest employment rates in decades,” concluded [John Rother, AARP’s Executive Vice President for Policy, Strategy and International Affairs]. “While we are hopeful about improving economic conditions, this survey reminds us that older Americans will feel the effects of the recession for years to come.”
Source: AARP News Release (May 24, 2011)

Check out discussion on Huffington Post blog report on the AARP survey.

Saturday, May 21, 2011

Conference Board Issues Report on U.S. Workers Increasingly Delaying Retirement

According to the Conference Board, the recession has put even greater pressure on U.S. workers to stay on the job, a trend that had started in the mid-1990s. The Conference Board report--"U.S. Workers Delaying Retirement What Businesses Can Learn from the Trends of Who, Where, and Why"--notes that these trends can vary according to industry:
[W]e see that delayed retirement has been more prevalent for some occupations and industries. For example, the healthcare industry experienced the largest decline in retirement rates in recent years. Jobs in this field are also in great demand. On the other hand, there was almost no retirement delay among government workers, who are more likely to receive defined benefit pension plans.
Gad Levanon, Associate Director of Macroeconomic Research at The Conference Board, and author of the report, says that "[d]elayed retirement allows households to consume more today and reduce the probability of a prolonged slowdown in the U.S. economy, and enables households to reach retirement with more financial resources."

Among other things brought out by the report that can help businesses develop a better workforce strategy, is that delayed retirement provides relief for several more years in industries that will suffer significant "brain drain" from baby boomers leaving. However, for companies looking to reduce headcount, slash labor costs, hire new workers or promote younger workers, delayed retirement could be viewed as a negative development.

Source: Conference Board Press Release (May 19, 2011)

Friday, May 20, 2011

Book: "RIPE: Rich, Rewarding Work After 50"


Julia Moulden, a Toronto-based author, career coach, speaker and Huffington Post columnist, has published RIPE: Rich, Rewarding Work After 50,a guide to help people transition into what she describes as "the next, best phase of your career."

In her book, Moulden identifies six major reasons people decide to “ripen,” from those who are looking for a new challenge in their fifties, to empty-nesters, to people who’ve retired and are miserable. As stated in the Financial Post,
In any case, most boomers can’t afford full retirement, Moulden says, though she says they shouldn’t be lumped in one category when it comes to their financial resources. She cited an RBC survey that found four in ten boomers are still carrying a large amount of debt — often in the form of mortgages on their homes. “A lot of people are continuing on for financial reasons,” she said in an interview, “It depends on who you are and your life circumstances.”
Moulden maps out a 12-week process people can use to find their way into this new phase of their careers.

Sources: Financial Post "Older workers have much to offer, experts say" (May 19, 2011); Financial Post "Boomers ripe for non-traditional retirement" (April 14, 2011); Harvard Business Review Blog "The Value of People Over 50" (January 18, 2011)

Thursday, May 19, 2011

Study: American Workers Unprepared for Retirement

According to a study issued by the Transamerica Center for Retirement Studies, a significant number of Americans plan to never retire, yet are unprepared if the choice is made for them. Specifically, 40% expect to work longer and retire at an older age since the recession began: 39% plan to retire after age 70 or not at all, and 54% plan to work in retirement. As for preparedeness, 70% agree they could work until age 65 and still not have enough money saved to meet their retirement needs.
“With all of life’s uncertainties, planning not to retire is simply not a viable retirement strategy,” says Catherine Collinson, president of the Transamerica Center for Retirement Studies. “Planning to work past age 65 is an important opportunity to continue earning income, save more, and help to alleviate a retirement savings shortfall; however, it’s important that workers be proactive in setting a retirement savings goal, saving and investing for retirement, and having a backup plan if they are forced to retire sooner than expected.”
Among other findings:
  • Of those who plan on working after retirement or age 65, the most commonly cited reasons are out of necessity (44%).
  • 82% do not have, or is unsure if they have, a backup plan in place in the event they cannot work as long as they need to, and that rate is even higher among those who plan to work past age 70 or never retire (87%).
Source: Transamerica Center for Retirement Studies Press Release (May 17, 2011)

Saturday, May 14, 2011

South Korea: 50+ Now Account for One-Third of Workforce

News reports state that, according to Statistics Korea, the number of workers in South Korea over 50 grew to more than 8 million for the first time in April, amounting to approximately one-third of the workforce. This amounts to an 11% increase from the previous year and about two-fold increase from 20 years ago.

Ten years ago, people in their 30's accounted for 28.6% of the workforce, followed by those in their 40's (25.8%), 20's (20.7%), 50's (13.7%), and those over 60 (9.6%). The current figures have those in their 40's following the 50 plus at 27.3%, followed by those in their 30's (23.9%), 50's (20.9%), and 20's (15%).

Sources: Arirang "Korea's Workforce is Getting Older" (May 12, 2011); Chosunilbo "One-Third of Workers Are Over 50" (May 13, 2011)

Wednesday, May 11, 2011

Australia: Government Establishes Panel on Economic Potential of Older Australians

The Australian Treasurer Wayne Swan has announced the establishment of an Advisory Panel on the Economic Potential of Senior Australians to ensure the potential of the older members of our community is considered in a range of policy debates.

To be chaired by Everald Compton, who also chairs the existing Consultative Forum on Mature Age Employment that advises the government on what drives mature-age employment, the new panel will, among other things, examine how businesses and policy makers can assist senior Australians in their transition from the workforce into other valuable endeavors, such as supporting their families, mentoring, volunteering and community work.

In a speech announcing the panel, Swan said that "[e]nhancing mature participation is simply one of the most important issues facing our economy today." While it is important to continue recognizing the skills of older workers, encouraging further skill development, promoting healthy workplaces that support mature age workers, promoting age management in the workplace, allowing workers to make a phased transition to retirement, and ensuring that retirement income policies provide the right incentives, the new panel is "to look beyond the usual story of an ageing population and help us look to new ways to embrace the opportunities that much larger, and more active, communities of older Australians "

Sources: Australian Office of Deputy Prime Minister and Treasurer Press Release (March 30, 2011); Sydney Morning Herald "New panel to advise govt on seniors" (March 29, 2011)

Germany: Government Targeting Older Workers, Others, To Fill Jobs Gap

According to press reports, the German government (eight ministries and the Chancellery) has drawn up a 27-page paper that (a) acknowledged that around 6.5 million fewer people will be available to work by 2025 due to an ageing population and low birth rates, and (b) rather than looking across the German borders for fresh blood, focuses the government's attention on women who gave up paid work to bring up their children, and older people.

With respect to older workers, The Local reports that the following from the government paper:
Older people and those without work are also being considered. The raising of statutory retirement age from 65 to 67 will increase the numbers of workers by a million by 2025, while the intention is also to encourage more people older than 55 to work. Currently only 56 percent of people over 55 work – should that increase to 70 percent as is the case in Sweden, it would add a further million people to the workforce.
Sources: TheLocal "Mothers and over-55s called back to work" (May 11, 2011); Süddeutsche Zeitung "Mütter, Alte und Arbeitslose: Ran an die Arbeit!" (May 11, 2011)

Friday, May 06, 2011

New Zealand: Aging Workforce Report Highlights Importance of Older Worker

New Zealand's Ministry of Social Development has released a report finding that, over the next 40 years, more older people will participate in the paid workforce, the economic value of older people’s paid, unpaid and voluntary work will increase, older people’s contribution to tax revenue will increase, and older people will spend more.

While covering many economic issues, with respect to employment, "The Business of Ageing: Realising the economic potential of older people in New Zealand: 2011–2051" finds that 7-10% of the total labor force will be 65 and over by 2051, up from 3-4% currently. Among the likely effects of population aging on the labor market are that:
• a sizeable proportion of the workforce will be older, creating opportunities for workplace adaptation and job mobility
• New Zealand have an opportunity to redefine outdated concepts of sudden retirement
• employers will want continued access to the increasingly hard-to-replace skills of older workers who, in turn, have more interest in continuing to work than previous generations
• succession planning will be vital to ensure valuable knowledge and skills aren’t lost as baby boomers leave the workforce
• the growth of the total workforce will slow, making New Zealand’s economic growth more dependent on productivity improvements
New Zealand can prepare for the demographic shift and associated rising government expenditure by improving work opportunities for older people. Specifically, the report suggests that there are three key areas where participation of an older workforce could be enhanced: (1) commitment to renewing human capital, for example, upskilling, (2) new technological adaptations for work environments, for example, ergonomic design for improved health and labour savings, and (3) optimal work practices and arrangements such as flexible work arrangements and mentoring of younger workers.

Sources: Ministry of Social Development Research Report ; New Zealand Herald "NZ needs working boomers" (May 29, 2011)

Wednesday, May 04, 2011

Minnesota: A Look at Unemployment Among the 55 Plus

Writing for Minnesota Public Radio's Minnesota Economy blog, Paul Tosto has published charts from the Minnesota Department of Employment and Economic Development (DEED) showing that Minnesotans 55 and older have seen unemployment among their peers double since 2007. In addition to the raw numbers doubling, Tosto notes that unemployment rates that were averaging just 1.8% in 2005 for those 55 to 64 rose to 6.1% in 2010.

Separately, Tosto has published a table from DEED showing the industries with the most 55+ workers, with mining leading the way with 27.4% of the workforce 55 and older, followed by educational services with 26.2%. Of workers 65 and over, "other services" led with 5.9% of its workforce of that age, followed by the transportation and warehousing industry and the real estate industry at 5.7% each.

Sources: MinnEcon "55+ unemployment doubled since Great Recession" (May 2, 2011); "Where do age 55+ Minnesotans work?" (May 3, 2011)

Netherlands: Cabinet Endorses Proposal To Raise Retirement Age

According to news sources, the proposal of Netherlands' social affairs minister Henk Kamp to raise the official retirement age for the state pension from 65 to 66 in 2020 has been endorsed by the Dutch cabinet, so the proposal can now be submitted to parliament.

The impetus for the move is Holland's aging population and increased longevity. Current government population projections indicate that the present ratio of four workers for each pensioner in the Netherlands is expected to decline to two workers for each pensioner by 2040.

Sources: Investment & Pensions Europe "Dutch Cabinet supports raising state pension age to 66" (May 3, 2011); TAEN "Dutch Government Moves to Raise State Pension Age" (May 5, 2011)

Monday, May 02, 2011

Australia: Report Finds Age Discrimination Still a Concern and Calls for More Protection

Even though 2004 Austrlian age discrimination laws were meant to help older workers, a report issued by National Seniors Australia finds that the law leads often to nimble side-stepping--compliance with the letter rather than the spirit of the law. In addition to showing how age discrimination is more often covert and notoriously difficult to prove, "The Elephant in the Room: Age Discrimination in Employment" calls on policy makers to:
  1. examine the issue of "disguised discrimination' and strengthen the relevant anti-discrimination legislation to reduce the likelihood of covert discrimination;
  2. ensure individuals can make their own work or retirement choices in the light of their own health, aspirations, financial status and family situations; and
  3. promote greater awareness by employees of their rights to complain about age discrimination.
In releasing the report, National Seniors chief executive, Michael O’Neill said:
With the age discrimination laws in place, employers are now much more sophisticated in how they exclude older workers. For example they may use recruitment agencies to screen applicants, employ code terms such as “overqualified” or frame advertisements denoting youth.
Sources: National Seniors Australia Press Release (April 30, 2011); 774 ABC Melbourne Chat with Age Discrimination Commissioner Elizabeth Broderick (May 4, 2011)

Friday, April 29, 2011

CDC Publishes Study on Older Workers Injuries and Illnesses at Work

The Centers for Disease Control and Prevention's National Institute for Occupational Safety and Health (NIOSH) has published "Nonfatal Occupational Injuries and Illnesses Among Older Workers---United States, 2009" in which it reports that, although older workers had similar or lower rates for all injuries and illnesses combined compared with younger workers, the length of absence from work increased steadily with age and was highest for older workers.

CDC undertook the examination as older workers (defined as those aged ≥55 years) represented 19% of the U.S. workforce in 2009 and are the United States's fastest growing segment of the working population. Overall, there were medians of 11 and 12 days of absence from work for workers aged 55-64 years and 65 years and older, respectively.
Older workers had higher rates of falls on the same level, fractures, and hip injuries compared with younger workers and workers of all ages. Public health and research agencies should conduct research to better understand the overall burden of occupational injuries and illnesses on older workers, aging-associated risks, and effective prevention strategies. Employers and others should take steps to address specific risks for older workers such as falls (e.g., by ensuring floor surfaces are clean, dry, well-lit, and free from tripping hazards).
Source: Centers for Disease Control and Prevention Morbidity and Mortality Weekly Report (April 29, 2011)

Ford Designs Ergonomic Workstation To Ease Work for Older Workers

An aging population in Europe and increases in retirement ages in some countries led Ford to put together a team of occupational physicians, production specialists, labor groups and representatives for disabled employees to improve the ergonomics, safety and productivity on the assembly line. A result of this effort has been the creation of an advanced ergonomic work station--the "Happy Seat"--that reduces chronic injuries and lower health costs.

According to Martin Chapman, operations plant manager in Cologne factory, where Ford produces the Fiesta:
Employees just push themselves back and forth and the chair swings in and out of the cabin--very simply and not requiring much physical effort. And the back feels fine, allowing employees to remain in employment longer to the benefit of Ford--ideally until they reach the age of retirement, the age of which many European governments have raised only recently.
Other measures employed by Ford to ensure production line workers’ health include movable platforms to raise vehicle chassis to different heights at various workstations, preventing excessive stretching and bending by employees; virtual software programs to design the most ergonomic production processes possible; and Santos, a computerised avatar that performs actions in the virtual world to help Ford improve quality, safety and ergonomics for its assembly line employees.

Source: Press Release Ford Motor Co. (April 26, 2011)

Monday, April 25, 2011

Colorado: Demographics Catching Up on State Working Population

Elizabeth Garner, Colorado's state demographer, is quoting saying that Colorado has been living in a dream that is soon going to end, and that the state is about to lose the "demographic dividend" it has had for several years--a relatively young population that has provided a healthy, productive workforce. According to an article by Emery Cowan in the Durango Herald, spoke at a conference of the Economic Development Council of Colorado.
"Now we’re going to shift out of that," she said, and the state needs to adapt. "We need to be strategic, we need to be making some really good choices because we don’t have that dividend anymore. We’re done with that comparative advantage we’ve had for 30 years."
Among other things, by 2030, the state’s population of people age 65 and older will be 150% larger than 2010, and about 1 million workers will be aging out of the labor force.

To see Colorado's labor force participation by age and gender and other parameters, go to State Demography .Office

Source: Durango Herald "Aging population in Colorado to change the face of workforce" (April 21, 2011)

Saturday, April 23, 2011

Norway: Centre for Senior Policy to Hold Book Launch Covering 2010's Conference on Older Workers in a Sustainable Society

Norway's Centre for Senior Policy (Senter for seniorpolitikk) is holing a book launch on May 5 for Older Workers in a Sustainable Society, edited by Richard Ennals and Robert H Salomon. The launch will include comments by the Centre's director director Kari Østerud about the challenges and opportunities for older workers in Norway and by Liv Tørres political adviser in the Ministry of Labour, who will speak about Norway's position before the European Year of Active Ageing in 2012.

Ennals and Salomon's book follows on from the conference sponsored by the Centre in 2010. The three-day conference ("Older Workers in a Sustainable Society: Great Needs and Great Potentials") heard from speakers from several countries about the potentials of older workers, both individually and as an important part of societies' work force.

The conference was designed to put a different perception on the agenda; older workers as experienced and mature, a valuable source of talent, skills and knowledge, and ready, willing and able to work. It explored the social and economic potential in an ageing society and addressed the question of research contribution to employment of older workers. Among other topics, the conference had sessions and workshops on older workers work performance, productivity and quality; reducing age discrimination in working life; the work environment and older workers; and lifelong learning and competence at work. Presentations and abstracts from the conference are available on the web.



Source: Senter for seniorpolitikk Calendar of Events (May 5, 2011)

Thursday, April 21, 2011

Survey Finds Older Workers More Likey To Be Bullied at Work

According to a survey conducted by CareerBuilder which showed that 27%t of workers reported they have felt bullied in the workplace with the majority neither confronting nor reporting the bully, workers age 55 or older, and workers age 24 or younger were among the gender and age-based segments more likely than others to report feeling bullied.

Specifically, 29% of workers age 55 or older and 29% of workers age 24 or younger reported they had been bullied on the job. In contrast, workers age 35 to 44 were the least likely to report feeling bullied at 25%.
Although bullies can be intimidating, nearly half of workers (47 percent) said they confronted the bully about his/her actions. Of these workers, 43 percent said the bullying stopped, 13 percent reported the bullying became worse while 44 percent said the bullying stayed the same.
Source: CareerBuilder.com Press Release (April 20, 2011)

Tuesday, April 19, 2011

United Kingdom Poll Finds Ageist Attitudes among Younger Workers

A poll conducted by Anchor Trust reports 41% of Britons aged 18-24 years saying there aren’t enough jobs for older people to be in work and 14% claiming older people should retire to make way for younger blood. Even though the United Kingdom's default retirement age of 65 has ended, Anchor reports that as far as young people are concerned, one hits the old age mark at age 62. In response, Anchor Trust is launching a "Grey Pride" petition drive calling on the British Government to follow the lead of Ireland and Canada and have a dedicated older people’s minister to champion the over-60's.

Anchor's poll also found that 21% of those polled believe the over 60s are slower and are less productive than their junior counterparts, and 5% claim they should be paid less because they work at a slower pace. In addition, 18% of young Britons call over-60s grumpy and 21% say they they are out of touch with modern society.
Jane Ashcroft, Chief Executive of Anchor, said: “Casual ageism has no place in society and these results bear no reality to the lives of the over 60s in England today who are active, energetic and contribute hugely to many of the most successful businesses and organisations in the country. The dismissive attitudes highlighted by Anchor’s research towards the over 60s are a sad indictment of attitudes in England."
Source: Anchor Trust News Release (April 19, 2011)

Thursday, April 14, 2011

Hays Study Calls for Global Government Response to Looming Unemployment

Hays plc, a global recruiting firm, in partnership with economic forecaster Oxford Economics, has called on governments and industries across the world to take joint action to tackle the looming threat of increased global unemployment as the world's working population is set to increase dramatically--by 1 billion in next 20 years. However, that growth will be uneven, as all of this growth will be developing economies; the developed world will see its workforce shrink and age.

Accordingly, in "Creating Jobs in a Global Economy 2011-2030" (or click here for PDF), Hays proposes a five-point plan to avert future labor crises as significantly more people are set to join the global labor force.
  1. Keep national borders open for the movement of skilled labour.
  2. Agree an international code to facilitate employee migration.
  3. Invest in training and education.
  4. Create employment opportunities in the developing world.
  5. Retain older people in the workplace.
With respect to the fifth point that should be the basis of further discussion by world and business leaders, Hays says:
Over the next 20 years developed economies will become increasingly reliant on the contribution from workers aged 60 or more. Many countries such as Britain have already passed anti-discrimination legislation to enable older people to stay at work and remain productive, but there is more to be done both in terms of maintaining the skills of an aging workforce as well as providing opportunities for these workers.
In this regard, the report notes that data "suggest older workers exhibit a number of different labour market characteristics from younger ones:
  • They have a greater tendency to be self-employed and a lower tendency to be employees.
  • The distribution of older workers across industries differs from the rest of the workforce.
  • They have a greater tendency to be part-time or work on temporary contracts than other workers.
  • Older workers tend to remain with an employer for longer periods of time than other workers.
  • Involuntary separations are lower for older workers than younger ones.
  • If older workers become unemployed, they tend to remain jobless for longer durations than other workers.
Accordingly, Hays recommends "examining each of these phenomena in detail as they contain different lessons for employers seeking to get the most out of their available staff."

Source: Hays plc Press Release (April 12, 2011)

Research Study Finds Older Workers Health Benefits from Wellness Coaching

Researchers at the University of Illinois at Chicago (UIC) have found that older workers benefit most from a modest health behavior program when it combines a web-based risk assessment with personal coaching. The Cost-Effective Health Promotion for Older Workers study was led by Susan Hughes, professor of community health sciences, co-director of the UIC Center for Research on Health and Aging at the Institute for Health Research and Policy.

According to Hughes, the health behaviors that were examined were physical activity, diet, stress reduction and smoking cessation, and 95% of workers aged 40-68 participating in the study used a Web-based risk assessment when theere was personal coaching support, but only 59% did so when there was no personal support. Hughes and her co-researchers have published the results of the study in the May 2011 issue of American Journal of Public Health: "Comparison of Two Health-Promotion Programs for Older Workers."

An interview with Hughes is also available online.

Source: University of Illinois at Chicago News Release (April 14, 2011)

Sunday, April 10, 2011

Canada: Apparel Industry Confronts Aging Workforce

The Canadian Apparel Human Resources Council (AHRC) has released the findings and recommendations concerning the aging of both management and staffing in the apparel industry.

Among the issues discussed in "Pressing ahead: Canada’s transforming apparel industry," the apparel industry has to deal with a lack of succession plans for small businesses with aging owners and a looming shortage of production workers many of whom are nearing retirement age--7,000 of these workers could retire soon and that there are virtually no sources of supply for new production workers.

Sources: Apparel Human Resources Council Press Release (March 31, 2011); Montreal Gazette "Apparel companies face labour hurdles" (March 31, 2011)

United Kingdom: Government Paper Calls for Examining Future State Pension Age Increases

During the same week that the United Kingdom's law removing the default retirement age that had allowed companies to force workers to leave at 65 went into effect, the Department for Work and Pensions released a consultation setting out on how to simplify the state pensions system for future pensioners, including looking at processes for future increases in the retirement age. The consultation--A state pension for the 21st century--notes that longevity increases already have figured in raising the pension age to 66 by April 2020, but that increases in longevity do not end in 2020 and it is only fair that those generations who will benefit from these increases share in the costs.

Specifically, the government is asking (1) What mechanism should be used to determine future increases in State Pension age? and (2) How should the Government respond to the frequent revisions in life expectancy projections while giving individuals sufficient time to prepare? The paper suggests some possibile mechanisms, such as increasing the age through a formula linked to life expectancy, or alternatively increasing the by puting in place a review at regular, pre-determined intervals.

As noted in an article in The Telegraph before the paper's release:
However Mr Duncan Smith said the Government was preparing to increase the retirement age further because people are living longer and "don't feel like retiring at 65".

Mr Duncan Smith told the Murnaghan programme on Sky News: "The last Government already set projections to 67, 68 ... and we are revising those to look again.

“There is no question, no point in hiding the fact that retirement will have to move over a period, obviously to help people adjust, for two reasons.

"First of all, because we are living longer, most people don't feel like retiring at 65. We have many, many thousands now choosing to work beyond 65 and that's why we lifted that thing called the default retirement age, where you could be forced into retirement."
Sources: Department for Work and Pensions Press Release (April 4, 2011); The Telegraph "Most of us want to work beyond 65, says Iain Duncan Smith" (April 3, 2011); Age UK "Default retirement age scrapped from today" (April 6, 2011)

Saturday, April 09, 2011

United Kingdom: Ageism of Greatest Concern to Older Population

Demos and Brunel University have released a study looking at aging policy from older people’s point of view, finding, among other things, that the very negative narratives about an aging society that conceptualise aging and older people as a problem are contributing to many older people feeling demoralised and disengaged from politics and the policy-making process. In fact, according to one of the authors of the study, agism to be a greater concern than crime among older people: "Whereas ageism was discussed vigorously in every one of our research groups, crime did not receive a single mention."

"Coming of Age", authored by Louise Bazalgette, John Holden, Philip Tew, Nick Hubble, and Jago Morriso, finds that age discrimination was felt to impact on every area of older people’s lives; in employment, in public services, in public places and even in family life. With respect to work and retirement, in particular, the study finds that the United Kingdom's "one size fits all" approach to retirement policy may itself be discriminatory and counter-productive, since it is those with the worst health and the lowest life expectancies who will suffer most from increases in the state pension age.

Accordingly, the authors suggest that, to "mitigate these problems it will be essential that the government both takes action to improve general health and reduce health inequalities, and investigates how employment can be made more flexible to reflect the heterogeneity of older people’s skills, personal responsibilities (eg caring roles) and health prospects."

Source: DEMOS "Putting a stop to age discrimination" (April 8, 2011)

Sunday, April 03, 2011

Australia: Chambers of Commerce Endorse Government Promotion of Mature Age Employment and Apprenticeships

The Tasmanian (TCCI) and Australian (ACCI) Chambers of Commerce and Industry have congratulated the Australian government for its promotion of mature age employment participation. As noted by ACCI Chief Executive, Peter Anderson: "Australian employers need to develop innovative strategies to attract and retain valued employees to meet the vital skills needs of their business now and into the future."

The government endorsement follows the issuance of an ACCI research project--"It's Not About Age"--which focuses on building positive employment and training outcomes for employers and mature age apprentices to ensure that the Australian business community has access to a highly skilled and motivated workforce.

Separately, TCCI Chief economist Mark Bowles said hiring mature-aged workers was both a solution to Tasmania's skills shortage and inevitable because of our ageing population. According to Bowles, figures from the ACCI estimated 85% of workforce growth in the next decade would be for workers over 45, and he thought that figure could even be higher for Tasmania

Sources: Tasmanian Chamber of Commerce and Industry Media Release (March 30, 2011); Australian Chamber of Commerce and Industry Media Release (March 30, 2011); The Mercury "Older worker championed" (April 19, 2011)

See also links to Australian resources.

Tuesday, March 29, 2011

Canada: Oil Industry Facing Skills Shortage

According to a report issued by the Petroleum Human Resources Council of Canada, an aging workforce is a chief contributor to the fact that Canada's oil and gas industry is headed towards severe and chronic labour shortages. Specifically, the Council's labour market report--"The Decade Ahead: Labour Market Projections and Analysis for Canada's Oil and Gas Industry to 2020"--finds that over 30% of the industry's core workforce is expected to retire within the next decade, driving the need to hire at least 39,000 workers.

Cheryl Knight, Executive Director and CEO of the Council says that "We are going into a perfect storm....Just when the industry needs workers the most, Canada's labour supply will be dwindling as the overall population ages. Our industry will need to be prepared to face a labour shortage more severe than in 2007." In fact, some oil and gas companies are already coping with chronic shortages for certain occupations, and shortages are expected in all core occupations as early as 2013.

Source: Petroleum Human Resources Council of CanadaNews Release (March 29, 2011)

Saturday, March 26, 2011

Nevada: Unemployment Statistics Highlight Growth of Older Workers' Participation Rate

Even with a rise of unemployment in Nevada, which has seen the participation rate decline for Nevada’s labor force as a whole fromm 2000 to 2010, it has grown for the state’s oldest workers. Specifically, in reporting the February 2011 unemployment statistics, the state's Department of Employment. Training, and Rehabilitation reported that, during those ten years, the labor force
participation rate in Nevada declined from 70% to 65.6%, while the participation rate for workers 65 and older increased from 12.8% to 20.6%.
The growth in the participation rate of older workers is likely caused by two factors: (1) a social change, marking the ability of older workers to work later into life, and (2) recessionary wealth destruction is forcing older workers to delay retirement due to financial reasons.
Sources: Nevada Department of Employment, Training & Rehabilitation Press Release (March 25, 2011); Northern Nevada Business Weekly "Number of over-65 workers in Nevada continues to increase" (April 4, 2011)

Tuesday, March 22, 2011

Poland: World Bank Report Recommends Raising Older Worker Participation

A report from the World Bank asserts that the main potential for increasing labor force participation in Poland is among older workers and women. If older workers in Poland were as active as they are in Germany, then the Polish gross domestic product would be up to 6% higher.

Employment is a major focus of the World Bank's report--"Europe 2020 Poland: Fueling Growth and Competitiveness in Poland Through Employment, Skills, and Innovation". A higher employment rate is also critical given the aging population and the growing life expectancy.
The difference between Poland and other EU countries is greatest in the case of older workers, which reflects in large part the, until recently, very generous rules governing early retirement. Specifically, only 35 percent of persons aged 55–64 are economically active in Poland (table 2) compared with the EU average of 51 percent, 58 percent in Chile and 62 percent in Korea (2009 data). This is a significant gap. Closing it is particularly important because the Polish population is aging, and if the gap is not closed, the pension system will be fiscally unsustainable (as will be further elaborated)
The report recommends raising economic activity among older workers (and older female workers, in particular), through reform of social security benefits and development of flexible forms of employment, particularly of part-time employment, increasing skills, and raising the retirement age--specifically by adjusting the retirement age of women to that of men (age 65).

For example, the report notes that "if the number of inactive women aged 55–59 fell by 10 percent the overall employment/population ratio would increase by nearly 0.5 percentage points. In contrast, a 10 percent fall in inactivity among women aged 20–24 would lead to a less than 0.1-percentage-point increase in the overall employment rate." Furthermore, older workers in Poland are provided with incentives to withdraw from the labor force. The availability of disability pensions and early retirement options might make inactivity the preferred choice for many older workers. I

Source: World Bank Press Release (March 21, 2011)

Monday, March 21, 2011

Gemany: Europe's First Test of Job Crunch from Aging Workforce

In an article by Larry Elliott and Julia Kollewe in the Guardian, Labor and Social Affairs Minister Ralf Brauksiepe describes how Germany needs to respond to the loss of 5 million workers over the next 15 years as it becomes Europe's first and biggest test of the problems caused by an ageing and declining population, saying that a longer working life and an influx of skilled workers from overseas were the answer to the demographic time bomb.

Since lifting restrictions on labor mobility from EU member states in eastern Europe will lead only to an extra 100,000 workers over the coming years, the phased changes in retirement age between 2012 and 2029, when 67 which will become the statutory retirement age, is most important.
"It must be clear to people that working longer than the age of 65 must be the rule," Brauksiepe said. "I am convinced that in 20 years people won't understand how people were opposed to the enlargement of the working life in 2011."
Source: Guardian"Germany faces up to problem of ageing workforce" (March 17, 2011)

Sunday, March 20, 2011

OECD Pension Reforms Report Also Focuses on Older Workers

The OECD has published Pensions at a Glance 2011: Retirement-Income Systems in OECD and G20 Countries, focusing on pensions, retirement and life expectancy. Among other things, while by 2050 the average pensionable age in OECD countries will reach 65 for both sexes, life expectancy is rising even faster, outstripping the increase in pension ages by about 2 years for men and 1.5 years for women. However, as governments rein in public pension spending rising as a result of population aging, OECD warns that income from work and from private pensions and other savings.will need to fill the gap, so that ensuring that there are enough jobs for older workers remains a challenge.

According to OECD Secretary-General Angel Gurría, "Countries need to do more to fight discrimination, to provide training opportunities for older workers and to improve their working conditions . This would help employers adapt to a greyer workforce."

In addition to providing comparative indicators on the national pension systems provided in the report of the 34 OECD countries, as well as for Argentina, Brazil, China, India, Indonesia, Russian Federation, Saudi Arabia and South Africa, the report includes special chapters on issues including life expectancy, trends in retirement and working at older ages, and ways to help older workers find and retain jobs.

For example, in highlights about France, the report notes:
In addition, the participation rates of older workers aged 60 and over is low: only 19% of men aged between 60 and 64 years participate in the labor market in France compared to 54.5% on average across countries OECD. This percentage is even lower in the age group 65-69: 5.5% in France compared to 29.3% on average in the OECD. For the long-term success of reforms change in the attitudes towards older people is necessary. Employers, both private and public, must learn to see older workers as a real asset and avoid discrimination towards them, invest in their training and adjust labour market conditions and hours of work when needed.
Source: OECD News Release (March 17, 2011)

Thursday, March 17, 2011

EBRI Retirement Confidence Survey Shows Continued Worker Worries, Delayed Retirement Plans

The Employee Benefit Research Institute (EBRI) reports that 27% of workers now say they are "not at all confident" about retirement, up 5 percentage points from last year. The 2011 Retirement Confidence Survey, EBRI's 21st annual survey, also published as Issue Brief No. 355, also finds that find that a significant number of workers say they now intend to retire later (at an older age) than they had planned.

Specifically, the age at which workers expect to retire continues its slow, upward trend. The percentage of workers who expect to retire after age 65 has increased over time, from 11% in 1991 and 1996 to 20% in 2001, 25% in 2006, and 36% in 2011. Of the 20% polled who say that are going to retire later than originally planned, the main reason cited was the poor economy (36%), a lack of faith in Social Security or the government (16%), a change in employment situation (15%), or because they can’t afford to retire (13%).

In addition, the survey finds more workers now expect to work for pay in retirement, with 74% reporting they plan to work in retirement (up from 70% in 2010), three times the percentage of retirees who say they actually worked for pay in retirement (23%).

Source: EBRI Press Release (March 15, 2011)

Saturday, March 12, 2011

Working and Longevity May Go Hand in Hand

As Emily Yoffe writes in Slate, people who keep doing useful work may have the secret to living longer and healthier. Drawing on The Longevity Project, by psychology professors Howard S. Friedman and Leslie R. Martin, which presents the end-of-life findings of the Terman study, one of the longest-lasting longitudinal research projects ever undertaken, she finds evidence that maybe retirement should not be seen as the severing of oneself from the work of a lifetime.

Friedman dislikes that notion of retirement, and from his research he's come to believe such an attitude is bad both for society and individuals. Most "of the Terman males (given the attitudes of the times, far fewer of the women Termites worked) had solid, sometimes even exceptional careers. Interviews done with successful Termites in their 70s, several of them lawyers, showed a striking number continued to work part time."

Furthermore, Yoffe notes, those who contemplate retirement as decades filled with leisure and relaxation may be mistaken; fun may be overrated and stress can be unfairly maligned. "Many study participants who lived vigorously into old age had highly stressful jobs."



Source: Slate "Don't Stop Working!" (March 10, 2011)

Wednesday, March 09, 2011

Digital Divide Separates Older Workers in Job Searches According to UK Research

A study commissioned by the United Kingdom's Department for Work and Pensions (DWP) on the role of the Internet in looking for work reveals, among other things, that many older jobseekers are at a disadvantage because of the digital divide and a number of other variables. DWP's Research Report No. 726--"Job Search Study: Literature review and analysis of the Labour Force Survey"--was authored by several researchers from the University of Warwick and found that over four out of five job seekers made use of the Internet to look for work but a number of factors influenced those overall figures, one of which was age.

Focusing just on the report's findings with respect to older workers, the following results were noted:
  • Younger people were more likely to use multiple job search methods than older people.
  • Job seekers aged 16-29 year and older job seekers aged 50-69 years were more likely than those in their thirties and forties to nominate visiting a jobcentre, job market or training and employment agency as their main method of job search.
  • Social networks as a job-search method were used slightly more by younger job seekers (notably those aged 16-29 years) than by older job seekers.
  • Around 87% per cent of jobseekers aged 25-29 and 84% of 30 to 34 year olds used the Internet to search for work, while only 75% of those aged 50-54 did so, 72% of those 55-59 years old, and 62% of those 60-64 years old.
Sources: Department for Work and Pensions Press Release (March 3, 2011); TAEN--The Age and Employment Network News Archive (March 7, 2011)

Sunday, March 06, 2011

New Zealand: Research on Encore Careers Finds Older Workers Happier, Healthier

In an article for The New Zealand Herald, Greg Fleming writes about encore careers and draws on a Waikato University study focused on encore careers--meaningful work, paid or unpaid in the second half of life--which has found older people who work are happier and healthier than those who don't.

Fleming also notes that the study found that not all older workers experienced smooth transitions and that some of those surveyed for the research struggled to find meaningful work, found employment agencies unhelpful, and success often depended on individual initiative. He quotes research fellow Dr. Margaret Richardson of the Waikato Management School: "Many managers had negative stereotypes of older workers believing that they were unable to change and lacked the appropriate job-seeking skills such as how to write a CV and how to present at interviews."

Richardson, along with Mary Simpson and Ted Zorn, has also presented a paper on ""Out the Door," "Back for More," or "New Horizons": Multiple Meanings for Encore Careers" at the 2010 at the annual meeting of the International Communication Association. In this paper, the authors set out preliminary findings of a study into New Zealanders’ experiences with encore careers, and the authors illustrate the different discourses and meanings that encore workers and, to a lesser extent, managers associated with their experiences in or with encore careers—in paid or voluntary work.

Source: The New Zealand Herald "Older workers choosing work over retirement" (March 6, 2011)

France: Government Adds Incentives To Increase Employment of Older Workers

In order to build on the momentum created by legislation raising the retirement age in France, French employers are are to get a €2,000 bonus from the government if they hire job-seekers aged over 45, but they also face a surcharge on their wage bill if they have too few apprentices or young trainees. According to an article in The Connexion, the bonus comes on top of €2,000 already paid by the Pôle Emploi job centre for taking on over-26s and an exemption of social charges for taking on over-45s.

The necessity for this can be found in Bruce Crumley's article Time magazine, which recounts Sarkozy's success in raising the retirement age in France by two years, but points out that this law will not succeed unless Sarkozy "persuades French bosses to play along; they have a nasty habit of dumping employees older than 50." As Crumley notes, barely 40% of French people ages 55 to 64 are in the workforce as compared to an OECD average of 54%, and U.S. and British levels of around 60%. Furthermore, he notes, there is an attitude among French employers that older employees are handicaps rather than assets continues to harden, citing a 2007 survey finding that 50% considered 45-to-55-year-old workers already old.

Crumley follows up with remarks from Sorbonne sociology professor Anne-Marie Guillemard, author of "The Challenges of Aging: Age, Employment and Retirement," focusing on how many people approaching 50 are marginalized with busywork by employers, and what might need to be done about that. "Aging employees don't want to stop working, but when they see more than a decade of dead-end activity awaiting them in a place that wants them gone, most accept some sort of agreement terminating their job in exchange for a payout," says Guillemard, and then collect unemployment and other assistance until they reach pension age.
In French

Sources: Time Magazine "France's Labor Paradox" (March 14, 2011); The Connextion "€2,000 for hiring older workers" (March 2, 2011)

Saturday, March 05, 2011

Europe: Survey Shows Age Most Widely Experienced Discrimination

Age UK has released results of a survey showing that age discrimination is rife in Europe. Some 64% of those interviewed in the UK and 44.4% across Europe judged age discrimination as a serious problem, making it the most widely experienced form of discrimination. Even though there is heightened awareness of ageism as an issue, the European Social Survey (ESS) data analysed for Age UK by the University of Kent shows that people in later life continue to face many subtle forms of prejudice which perpetuate the idea of older people as passive, needy and frail.
Employment is an area where age discrimination is a huge problem, despite recent legislation tackling the issue. The majority of those interviewed said they would find it easier to accept a suitably qualified 30-year-old as a boss than a 70-year-old with exactly the same qualifications. People over 50 felt extremely concerned that employers would always prefer to hire a person in their 20s rather than an older person. In the UK 49.7 per cent of those interviewed cited this as a problem.
Among other things, the report warned that subtler types of prejudice are as harmful as overt discrimination as they make it difficult for older people to feel empowered and able to assert their preferences and choices.

Source: Age UK News Release (March 3, 2011)

Tuesday, March 01, 2011

South Korea: Government Thinking about Raising Retirement Age

According to news reports, the South Korean government is cconsidering raising the average retirement age to 60 from the current average of 57 to lessen the impact of the retirement the country's baby boomers. Bae Ji-sook, writing for The Korean Herald, states that, while The "Baby Boomer Committee"--an affiliate of the Economic and Social Development Commission, a group representative of employers, employees and the government--is planning to submit a related bill to the National Assembly, he notes that the plan is expected to face fierce opposition from both employers and employees.

This is not a new conversation, as the article refers to a 2010 survey by online recruiter SaramIn of member employers. According to that, 61.4% said a rise in retirement age was necessary, and about 49% said they needed the skills and experience of older workers, followed by companies seeking stability, craftsmanship and other qualities.

Kim Rahn, writing for The Korea Times, states that the Korea Employers Federation opposed setting a legal retirement age.
“We acknowledge the need for older people to remain in the labor market. But those workers usually receive higher wages according to the seniority system, so extending the retirement age through fixing it by law will weaken corporate competitiveness,” an official of the federation said.

“Instead, we propose the government prepare measures to reduce companies’ labor cost burden, such as not turning non-regular job status of workers aged over 55 into regular ones after two years of employment.”
Sources: Korea Herald "Korea may raise retirement age to 60: report" (February 28, 2011); The Korea Times "Legislation sought to change retirement age to 60" (February 28, 2011)

Friday, February 25, 2011

South Korea: Report Warns of Aging Teaching Workforce

According to an article by Lee Ji-yoon in The Korea Herald, the Korean Educational Development Institute has issued a report, warning that South Korea's teaching workforce was getting older. Specifically, in 2010, the average ages of teachers at kindergartens, elementary, middle and high schools were 31.8, 39.7, 41.3 and 41.5, respectively, reflecting increases since 2000 of 2.5 years, 0.8 years, 2.9 years and 1.7 years, respectively.
“Given that the aging teaching workforce is becoming a universal problem found in OECD member states, the Korean government needs to take follow-up measures to fill the potential teacher shortages,” the report said.
Universities have seen the largest change in older workers, with the percentage of teachers over 50 increasing from 29.5% ten years ago to 45.3% in 2010. For other teaching levels, those in their 50's and 60's increased from 19.8% to 21% in elementary schools, from 13.9% to 21% in middle schools, and from 14.4% to 22.9% for high schools.

Source: The Korea Herald "Report warns against aging teaching workforce" (February 25, 2011)

Thursday, February 24, 2011

Canada: Study Finds that Economic Pressures Cause Many Older Workers To Retire Early

A study published by the Institute for Research on Public Policy (IRPP) finds that older workers who face sudden layoff rarely match their previous earnings upon reemployment, that their earnings tend to stagnate in subsequent years, and that the situation drives many to retire early. According to "Labour Force Participation of Older Displaced Workers in Canada: Should I Stay or Should I Go?", IRPP Study No. 15, written by Ross Finnie and David Gray, such hastened retirement will further slow labor force growth, which is already beginning to wane due to population aging, thus reducing economic growth and putting additional stress on public and private pension plans.

Finnie and Gray report that, among those aged 45 to 59 (who are not eligible for Canada Pension Plan benefits), about one-quarter have "retired" within five years after being layed off, in the sense that they rely on pensions as their primary source of income. This proportion rises to nearly 70% in the 60 to 64 age group.

The authors lay out four policy options to address the question of whether older displaced workers should retire early (by choice or by force) or continue to work:
  1. Encouraging older displaced workers to retire early, aided by government subsidy, which amounts to very long-term income maintenance until they reach normal retirement age.
  2. Providing passive employment insurance benefits.
  3. Providing active employment insurance benefits.
  4. Providing wage insurance.
IRPP also has available online an interview with the authors.

Source: Institute for Research on Public Policy Press Release (February 24, 2011)

Tuesday, February 22, 2011

Construction Gap Forecast in British Columbia as 31,000 Older Workers Leave by 2020

A report issued by the Construction Sector Council states that, from 2011 to 2019 period, 31,000 workers will exit British Columbia’s construction industry workforce due to retirements. While two-thirds of of the province's labor requirements will be filled by an expected 22,400 new entrants to the workforce, the retirements will leave a gap of 10,000 workers that will need to be recruited from outside the local construction market to meet labor requirements.

According to "Construction Looking Forward: An assessment of construction labour markets for British Columbia from 2011−2019," in other respects, the construction industry will grow at a manageable pace for the next several years, thanks mainly to mining and utilities-related projects, and a modest housing recovery.

Source: Construction Sector Council Press Release (February 21, 2011)

Friday, February 18, 2011

Study: Older Workers Deal with Stress Better

A researcher at the University of Manchester Business School says that her research is finding that older workers are better at coping with emotional stress and burnout than their younger colleagues. According to Dr. Sheena Johnson, this is particularly the case in customer service industries, where employees often face high levels of conflict and stress, and older workers find their roles less emotionally draining and have less cynical attitudes towards customers than younger employees.

According to Dr. Johnson:
As life expectancy and the average age of the population increases, the age of the working population rises - it’s vital employers understand how they can benefit from employing older workers. For instance encouraging older workers to act as mentors could significantly improve emotional burnout and stress with younger members of a team.



Source: University of Manchester Business School News Release (February 7, 2011)

Other References: An older book with a contribution by Dr. Johnson:

Wednesday, February 16, 2011

EBRI Research Finds Participation Rates for Workers Over 55 Increased During Recession

According to research by Employee Benefit Research Institute (EBRI), labor force participation rate continued to increase for workers 55 and older even after the economic downturn of 2008–2009. The article "Labor-Force Participation Rates of the Population Age 55 and Older: What Did the Recession Do to the Trends" by Craig Copeland, published in the February 2011 issue of EBRI Notes, notes that for those ages 55–64, the increase is almost entirely due to an increase in women in the work force, but that for those age 65 and older, labor-force participation increased for both males and females.
Education is a strong factor in an individual’s participation in the labor force at older ages: Individuals with higher levels of education are significantly more likely to be in the labor force than those with the lower levels of education. This disparity increased from 1987–2009 for those without a high school diploma, as their rate declined while those with higher levels of education had a participation rate that stayed the same or increased.
This trend is likely to continue because of workers’ need for access to employment-based health insurance and for more earning years to accumulate assets in 401(k)-type plans, particularly after the stock market and economy downturn in 2008.

Source: Employee Benefit Research Institute Press Release (February 17, 2011)

Sunday, February 13, 2011

California Hospitals: Aging Workforce Leading to Shortage of Healthcare Workers

The California Hospital Association (CHA) has released a report showing that, over the next five years, California hospitals could face a shortage of allied health care workers because of an aging medical work force and other factors. According to "Critical Roles: California's Allied Health Workforce," which summarizes the findings from the CHA Allied Health workforce Survey, the Survey "included two items asking about the average age of employees and the number expected to be eligible for retirement (using 62 as the age for eligibility) in the next one, three and five years for each of the selected allied health occupations."
The data show that the average age in these occupations ranged from 36.9 years for pharmacy technician in urban hospitals to 50.5 years for CLS in rural hospitals. For almost all occupations there is a difference in the average age based on the geographic location of the facility: the rural workforce is almost uniformly older by comparison. For some occupations, the difference is marked, including pharmacist and pharmacy technician, and to a slightly lesser extent CT technologist and MRI technologist
In addition, CHA finds that more than 2,600 allied health employees in the selected categories are expected to be eligible for retirement
within the next five years; this translates to roughly 12.5% of the total number of FTes reported by survey respondents.

Sources: California Hospital Association News Release (Feburary 10, 2011); California HealthLine "Report: Calif. Hospitals To Face Shortage of Allied Health Workers" (February 10, 2011)

Saturday, February 12, 2011

German Employers Need To Ensure Employment Policies Attract Older Workers

In an article in Deutsche Welle, John Blau reports that, as the days of allowing workers in Germany to retire as early as age 55 are long gone and as many employees begin to suffer from chronic aches and pains in their mid-50s and, increasingly, from mental fatigue, employers must do more to retain them and keep them productive on the job. Thus, according to Michael Stolpe from the Kiel Institute for World Economy:
"Companies in Germany will need once again to invest more in the healthcare of their employees, as they used to do before competition forced some big changes in the labor market," he told Deutsche Welle. "Back then, employees stayed longer with companies - sometimes their entire career - and employers, in turn, took good care of them. It was a win-win situation."
In addition, Blau quotes Christiane Flüter-Hoffmann from the Cologne Institute for Economic Research as saying that companies will need to become "more attractive" to employees and potential hires. Among other things, this "begins with managers who can motivate and ease stress," but she also pointed to the need for human resource development strategies tailored to an older workforce. "In many companies, training ends at age 45."

Source: Deutsche Welle "Aging Germany must keep older workers healthy and happy" (February 1, 2011)

Thursday, February 10, 2011

Australia: Report on Age Discrimination in IT Industry

Australia's Information Technology Contracting & Recruiting Association (ITCRA) has issued a discussion paper on the information and communication technology industry's lacks of a strong representative mature age workforce, noting that the reasons are not as clear-cut as some have suggested in the past and basing programs on incorrect assumptions may do more harm than good. According to "Mature Age Workers in ICT: Foundations, Effects and Approaches to Ageism," ITCRA has identified a range of initiatives that ICT recruiters, employers and supporters can put in place to address ageism and other forms of discrimination. In addition, the paper suggests further research that will help to improve the quality of understanding in this field of discrimination.

Highlighting the disparity, while 46% of Australian workers are aged 25-44, 63% of the ICT workforce falls in this age range; 22% of all workers are 45-54, but only 18% of ICT workers are; and 18% of all workers are 55-64, only 7% of ICT workers are.
For recruiters, fair discrimination is part of the job—but it must navigate the legal passage between unlawful discrimination based on stereotyping and professionally finding the best person for the job by effectively assessing skills, talents and abilities.
And the report also suggests that older workers can help too, saying that the statistics suggest that rather than being a case solely of employers and recruiters discriminating against workers, workers may also be self-selecting to not continue working in ICT beyond "prime age" for a range of reasons.

Sources: Information Technology Contracting & Recruiting Association Media Release (February 8, 2011); ITWire "Wrinkles rankle recruiters" (February 8, 2011); Lifehacker "How Badly Do IT Employers Discriminate Against Older Workers?" (May 18, 2011)

Saturday, February 05, 2011

Study: Advice to Government Employers about Engaging a Multi-Generational Workforce

The IBM Center for the Business of Government has released a study on generations in the workplace, which details how each of the four generations brings a different set of skills and life experiences to the workplace which can be used positively to increase diversity of knowledge and perspectives. The report--"Engaging a Multi-Generational Workforce: Practical Advice for Government Managers" was authored by Susan Hannam, Dean, College of Health, Environment, and Science, Slippery Rock University, and Bonni Yordi, Director, Surveys and Business Research MRA–The Management Association.

According to Hannam and Yordi, in order to successfully lead in 21st century organizations and engage employees, government executives need to be aware of the major differences between generations. "While there have always been multiple generations in the workplace, what is drastically different today is the rapid influx of technology–savvy employees
and the resultant cultural, social, and attitudinal changes they bring." They offer a number of practical tips for executives managing Traditionalists (those 66 and older), Boomers, Gen X, and Millenialists (also known as Gen Y) employees in the following areas:
  • Communications--each of the four generations now in the workplace have different preferences on how they like to both receive and send communication, as well as how they like to interact with colleagues.
  • Work-Life Balance--Each of the four generations has different work-life balance needs and the flexible work arrangements should be designed to meet the specific needs of the four generations.
  • Growth and Development-- Each of the four generations has different learning styles and preferences as to how they like to obtain information and knowledge.
  • Providing Recognition and Rewards--A multi-generational workplace requires organizations to develop new types of reward and recognition programs, including rewarding contribution.
  • Employee Engagement--A multi-generational workplace requires organizations to increase their mentoring initiatives and offer various types of mentoring programs, including opportunities for younger generations to mentor older generations, for example, in the uses of new social media technologies.

In addition, click on the link for an interview on The Federal News Radio.

Source: IBM Center for the Business of Government Blog Poat (February 1, 2011)

Thursday, February 03, 2011

Paper Reports on How 50+ Workers Fared in 2010

According to a study released by the Urban Institute, unemployment rates remained high for the 47.5 million workers age 50 and older in 2010, and more than half of unemployed workers this age were out of work for more than six months and nearly a third were out of work for more than a year. "How Did 50+ Workers Fare in 2010?"--authored by Richard W. Johnson and Janice Park--also showed that workers age 50 to 61 have fared worse than those age 62 and older since the Great Recession began in December 2007.
In 2010, 2.0 million men age 50 and older were unemployed. Unemployment crept up for all men in 2010 but generally increased more for older workers than younger workers.
  • The unemployment rate for men age 50 to 61 increased to 8.3 percent from 7.8 percent in 2009 and 3.2 percent in 2007.
  • The rate for men age 62 and older increased to 7.3 percent from 6.6 percent in 2009 and 3.3 percent in 2007.
  • Unemployment did not increase for men age 25 to 49.
Older men with limited education—especially those younger than 62—were much more likely to be unemployed than college graduates. For example, the rate at age 50 to 61 for college graduates was 5.2 percent, compared with 10.1 percent for high school graduates and 14.2 percent for those who did not complete high school.
Source: Urban Institute Summary (February 1, 2011)

Tuesday, February 01, 2011

New Zealand: Universities Confronting Aging Academic Workforce

Universities New Zealand - Te Pōkai Tara (Universities NZ) has released a report prepared for it by Business and Economic Research Limited (BERL) showing that the universities are facing a shortage of academic staff over the next ten years due to an aging academic workforce and other factors. In addition, the report--"Academic Workforce Planning - Towards 2020"--notes that, coupled with lower funding relative to countries like Australia, the aging workforce is a threat to the future quality of university education and research in New Zealand.

Among other things, the report found that 43% of the academic workforce is over 50 and 15% is over 60, that the number of older academic staff is growing and the inflow of younger academics is not keeping pace, and that the academic workforce is aging like other professions but is an older workforce to begin with. Since an aging academic workforce is a global trend and the academic workforce operates within a global labour market that is becoming increasingly competitive, New Zealand universities must work together with the government and private sector on ways universities can recruit sufficient academic staff of international calibre from at home and abroad.

Source: Universities New Zealand Media Release (January 31, 2011)

European Council of Ministers Issues Conclusions on Impact of Aging Workforce and Population on Employment Policies

In the context of increasing employment rates to meet European 2020 targets, the 2012 Year on Active Ageing and the Healthy and Active Ageing Pilot Partnership, the Council of Ministers has issued Council Conclusion on the effects of demographic changes on the workforce and employment policies. The Conclusions note that higher participation of older workers in employment requires a multidimensional and integrated approach. In addition, they highlight several aspects of the aging workforce and offer suggestions for member states to follow up on.

Among other things, it is important to tackle age discrimination regarding employment and occupation, given that ageism is an important exclusion factor for older workers on labor markets. At the same time, investments should be made in life-long learning initiatives, adapted to labor market needs. In this regard, the Council invited member Ssates to fight stereotyping of older people and older workers by developing effective communication schemes and raising awareness about the issue.

The Council also focused on safety issues, nothing the role of job quality to address the physical and mental impact of work, taking into account the need to reconcile work, family and private life, and the anticipation of changes that occur with age. Thus, the aging workforce and rising retirement age highlight the need for adequate occupational health and safety measures for all workers, as well as the importance of promoting healthy lifestyles,

In addition, the Council invited member states and stakeholders are invited to participate actively in the 2012 Year to Promote Active Ageing and solidarity between generations, including ensuring the appropriate preparation for its activities in 2011,

Source: European Public Health Alliance Council Conclusions (January 30, 2011)