Summary: This article briefly looks at the trend of the aging workforce—sensationalized or real? It also touches on some of the positive and negative impacts of that potential trend.
In the last decade or so, the media has begun talking about the so-called “graying” of the American workforce—the idea that people are working later in life and retiring later, if at all. Sometimes this is talked about in almost apocalyptic terms when it comes to productivity and benefits. First, this article touches on the actual extent to which that is true. Second, because a lot of coverage of this phenomenon seems to be from a “macro” (i.e., employer’s) perspective, this article briefly explores some of the implications of that trend for the workers’ themselves.