The Aging American Workforce

Paper Summary:

Examines consequences on American society of older workers. Discrimination. Aging of baby boomers; retirement and ramifications for the economy. Benefits of hiring & retaining older workers. Compensation/ benefits packages. Lack of available younger workers. Effect on global eonomy of an older workforce. Challenges for employers. African American older workers.

From the Paper:

"Introduction
The baby boomers are perhaps the most studied generation in the history of the United States. This first post-World War II generation, larger than any generation before it, has shaped America's attitudes toward clothing, war, race relations, music and family with greater influence than any other group. Some of its members fought the Viet Nam War at the same time that others protested the same war. This is the generation that gave rise to the terms "hippie," "yuppie," and "dink."

This generation has also benefited from a panoply of programs, government-sponsored and private, including Head Start for its children, Medicare for its parents, and 401(k) funds offered through employers. It is a generation generally considered better off than its parents, and as it has moved through life's stages, it has changed the nation at ..."

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