Monday, April 4, 2011

Age discrimination in the workplace

Lexology.com Smith Moore Leatherwood LLP Alexander L. Maultsby USA March 8 2011 We are getting older as a nation of workers. And older employees are remaining employed longer than in years gone by. Age 65 no longer means a retirement party, cake and a commemorative clock to watch as the sunset years roll by. Just as our own aging is unavoidable, the demographic wave of the Baby Boom generation is having its own inevitable effect. Consider some statistics from the Census Bureau: In 2000, our country had around 3.4 million employees age 65 and up; in 2009 there were 6 million. The percentage of all Americans in that age range who remained employed increased from 11.5 percent in 2000 to 16.1 percent in 2009. Between 2000 and 2010, the number of Americans age 55 and older increased from 59.5 to 76.5 million. Government projections say there will be 97.8 million Americans who are 55 or older by 2020. If demographics were not enough to age our workforce, the bad economy has made seniors hold on to a steady income longer than they had previously planned. Full Story: http://www.lexology.com/library/detail.aspx?g=f7d39ec1-c3da-4728-9b07-429db1a1594a&utm_source=Lexology+Daily+Newsfeed&utm_medium=HTML+email+-+Body+-+Federal+section&utm_campaign=Lexology+subscriber+daily+feed&utm_content=Lexology+Daily+Newsfeed+2011-03-30&utm_term=

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