Thursday, July 17, 2008

Decision to keep working has many benefits, experts say

This from C-J:

Even as Kentucky's Baby Boomers near traditional retirement age, they and other older workers make up one of the state's fastest-growing parts of the work force, according to new Census data.

And their decision to keep working may benefit us all, say experts, who predict there soon won't be enough younger workers to take the jobs vacated by older workers -- especially in fields like education.

"We're seeing a switch in the population, with a growing older work force and a declining younger work force," said University of Louisville demographer Ron Crouch.

A U.S. Census Bureau report released this week shows that nearly all of Kentucky's counties -- 111 out of 120 -- saw an increase in the percentage of workers older than 55...

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