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Staffing Hub: The Age of Experience — How Older Workers Bring Value to a Changing Labor Market

The increasing presence of older workers in the labor market presents opportunities for employers, so long as they leverage the benefits and provide the right support.

By Erica InmanStaff Writer
SPONSORED 7:07AM 08/12/24

The growing presence of older workers in the American workforce is having big implications for employers and recruiters. As retirement ages rise, older Americans are increasingly staying in or returning to the workforce, driven by factors such as improved healthcare, financial necessity and evolving retirement attitudes. In 2023, 19% of individuals aged 65 and older were employed — a significant increase from 35 years ago — with those aged 75 and up being the fastest-growing segment. 

Older workers offer substantial value, including deep industry knowledge, reliability, strong work ethics and mentorship capabilities. Despite the benefits these older workers bring to the table, ageism remains a barrier. To combat this, employers should adopt age-neutral hiring practices, avoid discriminatory language in job descriptions and provide training on diversity and inclusion. Proactive steps include offering flexible work arrangements, engaging in open dialogue about needs and expectations, and investing in professional development tailored to older employees. Patrice & Associates plays a crucial role in this evolving labor market by helping employers and recruiters effectively integrate and leverage the skills of older workers through strategic recruitment and placement practices.

Recruiters can support older candidates by highlighting their experience, conducting skills assessments, optimizing resumes and providing interview coaching. Embracing older workers not only enhances organizational performance but also prepares companies for future workforce shifts, making age diversity a key component of long-term success.

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