What happens when older people work? Good things, says a report from Boston University’s Sloan Center on Aging and Work.
According to the Department of Labor, we’re in the middle of a workforce shift that will see workers over 55 increase by more than 35%. That means increased fulfullment for elders who like the idea of a retirement job – or who don’t see themselves as retired but moving on to new work.
Richard Johnson, a senior fellow at the Urban Institute, says that 25% of workers over 50 will change not just jobs – they’ll change occupations. And Johnson states, “Workers who change jobs at older ages say they are more likely to enjoy the new job than the old job.” How much more likely? Workers over 65 report a 90% job enjoyment rating – much higher than that of younger workers.
NYT’s New Old Age blog has the entire piece on older workers in the workforce – and the benefits go way beyond a paycheck.