• About
  • Contact
  • Data Report
    • Explore the Report
    • Find Other Data
  • Our Work
    • Overview
    • Equity in Aging
  • Age-friendly
    • Age-friendly communities in MA
    • Age-friendly tool kit
      • 7. Advocacy
    • Dementia Friendly Initiative
    • Age- and Dementia-Friendly Resources in MA
  • Resources
    • Resource Library
    • COVID-19 Resources
    • Digital Equity Resources
    • Stories from the Field
  • Join
    • Become a Member
    • Members
  • News

News

@mahealthyaging Follow Us

Categories

  • Conferences (46)
  • Data and Reports (250)
  • Jobs (25)
  • Marketing and Communications (4)
  • Member Spotlight (12)
  • News and Updates (875)
  • Programs (61)
  • Stories from the Field (33)
  • Systems and Best Practices (54)
  • Uncategorized (7)

Healthy Aging Topics

  • Age-Friendly Communities
  • Alzheimer's Disease/Related Dementias
  • Arts in Aging
  • Chronic-Disease Self-Management
  • Civic Engagement/Volunteerism
  • Elder Abuse
  • End of Life
  • Equity in Aging
  • Fall Prevention
  • Family Caregiving
  • Healthcare
  • Home Care and Care Transitions
  • Housing
  • Intergenerational Programs
  • Mental Health
  • Nutrition
  • Physical Activity
  • Reducing Isolation
  • Retirement
  • Social Engagement
  • Substance Abuse
  • Technology
  • Transportation
  • Vision Loss/Blindness

Archive

  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
Home › Data and Reports › AARP Reports on the Economic Impact of Age Discrimination in the Workplace
+/-Text SizeMac users: Increase text size by holding command and +. Decrease text size by holding command and -.

PC users: Increase text size by holding CTRL and +. Decrease text size by holding CTRL and -.
       Print                

AARP Reports on the Economic Impact of Age Discrimination in the Workplace

July 7th, 2021

A new AARP report titled “The Economic Impact of Age Discrimination” estimates that the U.S. economy stands to lose as much $850 billion due to ageist hiring practices, workforce culture, and a lack of focus on retention of older workers, among other factors.As the report states, there are 117.4 million people age 50-plus in the U.S., many of whom now plan to work well past the age of 65. This growing pool of workers represents a significant asset for businesses—and for the economy—as they possess valuable skills and experience. But age discrimination, manifest in workplace behaviors, attitudes, policies and procedures, is prevalent, limiting potential gains.

The economic contribution of people age 50-plus was worth $8.3 trillion in 2018, and it is forecast to more than triple to $26.8 trillion by 2050.

For more data and insights, see the full report here.

  • About
  • Contact Us
  • Site Map
  • Privacy Policy
  • Terms & Conditions