In recent years there has been a surge of “Boomers” in the work force. People today are working longer than they have ever worked in the past and it has been noticed by many. It has become so noticeable that federal government agencies like the Equal Employment Opportunity Commission have taken notice and looked in to this boom of workers. The EEOC has said, “The current era marks the first time in US history when four generations – pre-boomers, boomers, Generation X, and millennials- are engaged in the work force at the same time.” This is something that has not been seen in the work force before, but it is being shown to be quite productive for companies. People are staying longer in their jobs and not retiring at 65. This has become so normal that even places like Hollywood have taken notice. At the end of September the movie, The Intern comes out, a story about “un-retirement”, the trend that seems to be sweeping throughout America. The Intern focuses on the role that a 70 year old takes when he gets the job as an intern to a young CEO. The movie shows its viewers the assets that older workers can add to the work force; it hopefully will open people’s eyes and show them the value of a diverse work force. People will see that there is a reason why some people wish to stay working.
But it only shows a bit of why people wish to stay. Many people have asked why these workers have chosen to stay in the work force. It is very simple.
1. People are happy with their jobs. They enjoy working in their fields and do not wish to simply retire.
2. Some workers retire from one job and start another. They find that as one door closes they open a new door to a new career.
3. A lot of works are volunteering or taking minimal paying jobs at charities or non profits. It keeps these workers busy as well as in the work force.
4. Start-ups. Some of these workers are starting new businesses themselves. In 2015 26 percent of people who began a start up were between the ages of 55 to 64.
5. They have a stronger work ethic than the newer generations. The groups of experienced labor have proven themselves to be productive, dedicated and loyal which makes employers seek to keep these workers.
6. They have enriched the country, with their experience and work ethic the older generations have inspired the new generations.
These are just some of the reasons why people are staying in the work force. It is believed that this is only the beginning since many more companies are wishing to keep their workers.
Written By: Briahna Solares
Sources: AARP Bulletin