Aging & Work: A Defining Issue of Our Time: Aging & Work: A Defining Issue of Our Time Marcie Pitt-Catsouphes, Ph.D. & Michael A. Smyer, Ph.D. Co-Directors


Discussion: Discussion Aging of Society Aging of the Workforce Implications for Older Workers Implications for Business Implications for Boston College


University Institute on Aging at Boston College: Building upon Faculty Strengths Building upon Existing and Emerging Research Centers Adding New Initiatives for Boston College and the Outside World University Institute on Aging at Boston College


Research Centers at Boston College: Center on Aging and Work/Workplace Flexibility Center for Retirement Research Center for the Study of Home and Community Life Center For Healthy Aging Research Centers at Boston College


In 2000: States with 18 Percent of the Population 65 and Over: In 2000: States with 18 Percent of the Population 65 and Over Source: (Committee for Economic Development. 1999. New Opportunities for Older Workers. New York: Research and Policy Committee of the Committee for Economic Development. Updated with the 2000 Census. Available at : http://wwww.census.gov/population/cen2000/phc-t13/tab03.pdf


In 2025: States with 18 Percent of the Population 65 and Over: In 2025: States with 18 Percent of the Population 65 and Over Source: (Committee for Economic Development. 1999. New Opportunities for Older Workers. New York: Research and Policy Committee of the Committee for Economic Development. Updated with the 2000 Census. Available at : http://wwww.census.gov/population/cen2000/phc-t13/tab03.pdf


Slide7: Is phased retirement the next phase? Retirees Return to the Grind, but This Time it’s on Their Own Terms Older workers the ‘key to success in next decade’ Saturday, March 5, 2005 Wednesday, December 8, 2004 Share of older workers increases By Sue Kirchhoff | Mar 14 '05 WASHINGTON -- Even as the percentage of Americans in the workforce holds near 16-year lows, despite an improving economy, one group has posted steady gains: older workers. Since the March 2001 recession, there has been a 3.7 percentage-point increase in the labor-force participation rate -- the proportion of the population in the workforce -- of people 55 and older, reflecting demographic and economic changes and lifestyle choices. The recent figures compare with no increase for this group in the same period after the 1991 recession, says Marisa DiNatale, economist at Economy.com. Dean Baker, co-director of ...... (Continued) QUEENSLAND NEWS Wednesday, 16 February 2005


Older Workers: In the Past: Average Retirement Age of Men Older Workers: In the Past


What are the Concerns of Older Workers?: What are the Concerns of Older Workers? Predictable Income Access to Health Care Having Meaningful Roles Being Treated with Dignity and Respect Opportunities for Growth and Development


What are the Employment Expectations of Older Workers?: What are the Employment Expectations of Older Workers?


Labor Force Trends for Men: Labor Force Trends for Men


Labor Force Trends for Women: Labor Force Trends for Women


Flexibility: Flexibility


Access to Flexibility: Access to Flexibility Source: Families & Work Institute. (2005). National Study of the Changing Workforce.


Use of Flexibility: Use of Flexibility Source: Families & Work Institute. (2005). National Study of the Changing Workforce.


Implication: Implication


Labor Force Supply and Demand: Labor Force Supply and Demand Source: Employment Policy Foundation analysis and projections of Census BLS and BEA data. American Workplace Report (2002). 210 200 190 180 170 160 150 140 130 2002 2006 2010 2014 2018 2022 2026 2030 A projected shortage of 10 million workers by the end of the decade Millions Labor needed Labor available


Projected Growth in the U.S. Workforce by Age 1998-2025: Projected Growth in the U.S. Workforce by Age 1998-2025


Are U.S. Workplaces Ready?: Are U.S. Workplaces Ready?


Challenges for Employers… Challenges for Older Workers…: Challenges for Employers… Challenges for Older Workers… “Our company and others need to fully understand the needs of mature workers and how they can continue to productively work together with their younger colleagues for the success of the company.” GlaxoSmithKline


Compelling Questions: Compelling Questions


Center Goals: Center Goals


Key Investigators: Key Investigators Kevin Cahill, Ph.D. Michael Giandrea, Ph.D. John Havens, Ph.D. Jacquelyn B. James, Ph.D. Joanne N. Lahey, Ph.D. Tay McNamara, Ph.D. Marcie Pitt-Catsouphes, Ph.D.* * Director Joseph F. Quinn, Ph.D. Natalia Sarkisian, Ph.D. Paul Schervish, Ph.D. Ce Shen, Ph.D. Michael A. Smyer, Ph.D.* Jennifer Swanberg, Ph.D. John Williamson, Ph.D.


Competitive Advantages: Competitive Advantages


Aging & Work: A Defining Issue of Our Time: Aging & Work: A Defining Issue of Our Time Marcie Pitt-Catsouphes, Ph.D. & Michael A. Smyer, Ph.D. Co-Directors