This is a rather surprising graphic for me. There are so many who are “retiring” early, I don’t quite understand who is taking these jobs ... perhaps there are many in the 55+ group who have taken 2+ jobs to replace their previously good-paying single job of the Bush years.
“...tell your parents, and grandparents, to retire already”
Maybe the younger generation is better served maturing, rather than spending time watching cartoons and playing video games. Most of them are amazingly emotionally immature.
I won’t hire a department head younger than 35. Seriously. There’s always exceptions (very, very few), but I haven’t seen too many who have the emotional maturity to handle leadership.
There is also the simple demographics of the gray-wave, Baby Boomers who keep on working and do not retire. Employers have a few good reasons to keep middle-aged (50-70) women: no maternity benefits, few sexism lawsuits, few health problems, unlikely to be in a caregiver role and drop everything to take care of a sick kid, lots of work experience, works in a job where physical strength doesn’t matter like the office.
“”””A good jobs report? Sure, if one is 55 and over”””
Yeah, but not everyone in that age group is excited about their part time job at Home Depot.
Makes sense to me. Hiring people who qualify for Medicare gets you off the hook on the Obamacare mandates.
Another reason to hire older workers...work ethic and reliability.
My wife still enjoyes doing inventory at 74!
I still do construction work at 75.
Retirement is for dead people!!
Think about it - what age group is the most likely to have a strong work ethic? Considering the mush-heads that come out of some high schools today, and considering the voting ethic of the younger adults, can there be any doubt that the older people are more likely to put in a day’s work for a day’s pay?
Consider also, experience. Fresh out-of-college may be smart, but 30 years in the field is smarter, and more equipped to handle the job right from the start.