ATLANTA: The boomer workforce may be booming but its members are increasingly less likely to be employed full-time.
More than double the number of workers aged 65 years and over were in work in 2014 compared with a decade ago, but most were employed less than 35 hours a week.
Social analyst David Chalke said most pre-retirees had no intention of giving up work completely, “The overwhelming hope with pre-retirees is that they are going to wind down gradually and it looks like they are beginning to achieve that,” he said.
“I think, with the current pressure or stress around having to work longer and employing older people because of their different skill sets, I suspect there are more employers willing to keep them on.”
Human Resources Institute chief executive Lyn Goodear said many businesses had embraced flexible working environments, especially for women returning after having children, and older workers were taking advantage of it.
“Employers not only want to retain talent but incorporate knowledge and experience so creating a flexible work structure is part of making sure that happens,” she said.
Mr Chalke said most workers nearing retirement stressed over whether they would have enough money when they quit work, so put it off…