When it comes to the age of America’s work force, new polls suggest that older may be better for employers and the economy.
A Gallup poll concluded that older workers are more “involved in and enthusiastic about their work and more productive members of their workplace – than younger workers,” said Dan Weber, president of the Association of Mature American Citizens. Employers gain a competitive advantage through the experience and accumulated knowledge of older workers, that poll found.
The work force is getting older. About 15 percent of the work force in 1984 was age 65 or older; in 2014, that had grown to nearly 27 percent, according to the U.S. Census Bureau,.
Meanwhile, Weber noted, a separate study by the Brookings Institution also indicated that older workers are more productive.
“Compared with earlier generations of aged Americans and compared with contemporary prime-age workers, today’s elderly are unusually well educated. Their high relative earnings and later retirement are partly explained by this fact,” concluded Gary Burtless, the Brookings Institution researcher who conducted that study.
Weber said working seniors have more disposable income and create market growth for private sector companies. Baby boomers pay more taxes and are helping to bolster their local and national economies, he added.
The Association of Mature American Citizens bills itself as a conservative organization focused on protecting the interests of America’s seniors.