Posts Tagged With ‘ older workers ’

An ageing population and an increase in the number of retirees are expected to have a significant impact on Canada’s economy over the next few decades, according to the Canadian Institute for Economic Co-operation and Development (CIECD) Chief economist Roberta MacKenzie says. One challenge is that it can lead to a decrease in the labour force, which can slow economic growth and productivity. It can also lead to a shortage of skilled workers in certain industries, which can make it difficult for businesses to fill job openings and can lead to increased wages.  An aging population can put... Continue Reading

The concept of generations in the workplace involves the different age groups that make up the workforce at any given time.  Each generation has its own unique characteristics, values, and attitudes towards work and management.  As the workforce continues to evolve and change, Hybrid Boomers need to understand and respect the different perspectives and contributions of each generation.  Let’s look at the different generations currently in the workforce and discuss the challenges and opportunities of working with each group. Traditionalists (born before 1946) Born before 1946, the first group... Continue Reading

White men have the most success over the course of their lives in holding on to well-paying jobs that require high-level analytical abilities and interpersonal skills, a new study finds. They have so much success that they often remain in this challenging non-routine work – astronomer, community college instructor, and analyst are examples – well into their 60s and even 70s. This isn’t the case for everyone else. White women and also Asian-American men and women with college degrees also frequently start their careers in positions with demands that are similar to white men. But after they... Continue Reading

Older Americans’ share of the labor force has doubled since the early 1990s, and they constitute roughly one in four workers today. But their dominance is mainly an artifact of the baby boomers’ demographic bulge moving through the labor force and says little about how employers view the growing ranks of aging workers. Employers’ willingness to hire or retain older workers, especially when someone younger is available, is an important issue for a couple related reasons. Boomers are under increasing pressure to work as long as possible to improve their finances before retiring. It’s also... Continue Reading