Will a surge of older workers take jobs from the young? Economists say the opposite is true

  • Article by: MATT SEDENSKY , Associated Press
  • Updated: January 4, 2014 - 3:35 AM

CHICAGO — It's an assertion that has been accepted as fact by droves of the unemployed: Older people remaining on the job later in life are stealing jobs from young people.

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rms316Jan. 4, 14 6:26 AM

Interesting article and I couldn't agree more. Having older people working isn't destroying younger people's opportunities. People are living longer, healthier, more productive lives. When your in your 50's, 60's, 70's, or even 80's you still need to work on something productive and interesting. I've experienced age discrimination in the workplace first hand and can tell you it's disgusting.

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songczarJan. 4, 14 1:47 PM

I'll take the other side. My boss should have retired years ago. At 71 he hasn't been skilled for many years and his management and people skills have declined significantly over the last 3 years. Yet, my employers are afraid of age discrimination suits so they just wait for him to retire of his own will and in the meantime the entire department and the company suffers. People should retire when they can afford to retire and they should have other interests and activities for the retirement years. I fear there's an entire generation of mostly men in their late 60s and early 70s that identify their work as their life and when that's the case it's not a big stretch for someone to act like losing their job to retirement is like losing their life. I have no issue with people working and being productive until 200+ if you can live that long, but really once there's mental decline or job performance decline those that are traditional retirement age should move on -- especially if they can afford it.

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imichelleJan. 4, 14 8:09 PM

The economist theory is true at my work. This past year the hiring of an over 50 year old individual created a climate that generated an increase in the customer base and resulted in an additional 2 FTEs. So instead of one millennia being hired, one baby boomer and TWO millennials were hired.

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elle2008Jan. 5, 14 3:59 AM

Songczar has a point. And it is mostly men that hang on. Guess what...there will be alot of woman in that group. For some of us, work is our life.

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Grumpy42Jan. 5, 14 8:01 AM

grumpy42 says- grow the economy and we won't be having this conversation. Remove the obstacles and regulations that have slowed this economy to a crawl and watch the economy produce real jobs instead of paper jobs.Their should not be a chasm in hiring caused by age, but again we have pitted one against the other. Divide and conquer politics, envy your neighbor and hate anyone that does not agree with you. Keep it up Star and Sickle.

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