NEWS

Report: Growing with Age – Unlocking the Power of the Multigenerational Workforce

May 5, 2021

Inclusion in the workplace, including older workers, can strengthen business resilience to provide a competitive advantage, according to a report and toolkit from AARP International called “Growing with Age: Unlocking the Power of the Multigenerational Workforce.”

According to AARP, discrimination against workers over age 50 cost the US economy $850 billion in 2018. Raising the employment levels of workers over age 50 to match countries with the highest participation of 50+ workers will increase GDP across OECD countries by $10.3 trillion—offsetting the economic loss if older workers’ employment levels were to remain stagnant.

With every data point, the report offers tools and resources for employers to take action in their own workplaces to promote inclusion.