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Baby Boomers, Older Workers and Senators not Retiring
According to the Bureau of Labor Statistics, by the year 2014, an estimated 78 million Baby Boomers will retire from the workforce with only 600 000 workers entering to replace them. Where are these retiring Baby Boomers going? Not home, that's for sure. Baby Boomers are retooling, going back to school and looking for new skills to begin new careers. Retirement is becoming more of a temporary segue into a new life, now increasingly known as the encore career.
A recent blog post written at PennFoster.edu states, "It looks like retirement is becoming a thing of the past for the middle class. No more “winter condos” in Florida or retirement homes in Arizona."
Cynthia Metzler, president and CEO of Experience Works, a national nonprofit organization cites the following in support of older workers in the labor pool:
1. The Society of HR Managers shares that 77% have a higher level of commitment to the organization than younger workers.
2. A Buck Consultants survey shares that 88% of employers said that mature workers' knowledge provided a significant business advantage.
3. A study by National Council on Aging and McDonalds, says that 97% of employers surveyed said older workers were thorough and reliable.
If anyone wanted additional proof that people are working longer and well into their senior years, look no further than the United States Congress where the average age is now 61.8 years.
Lauren Victoria Burke, in an AP article, shared that the constitutional framers, in the late 18th century, set the minimum age requirement for the Senate at 30 and for the House at 25 years. At the time, that was considered late middle age at a time when the average life expectancy was around 40 years."
Fast forward to today and you will find active members of congress who are well into their senior years.
Since the first session of the United States Congress, in 1789, the average age of members of the Senate has risen from 47 years to an all time high today of 61.8 years according to Senate records.
Senator Robert Byrd at 90 years old is the longest-serving senator in history. He told a reporter recently to "Shut up", when the reporter asked how he would respond to those who questioned his capacity to run an important committee.
Others whose careers should be a definite inspiration to all of us include:
- Senator Arlen Spector is 78 years old
- Senator John Warner is 81 years old
- Senator Tec Kennedy is 76 years old
- Senator Frank Lautenberg is 84 years old
Senator John McCain at 71 years old, the youngest of this group is actually very much in the running for the toughest job in the land. He is currently engaged in the longest job interview of his life as he runs for the role of President of the United States.
John McCain, if elected, would be the oldest person to take the office of the President of the United States.
About the Author
Marcia Robinson writes on career, workplace, employment and education related issues for BullseyeResumes.com. BullsEyeResumes offers free career advice through hundreds of articles and FAQs for career changers and workplace re-entry professionals. Robinson holds a MBA with emphasis in Human Resources Management, has been a career development professional for almost 10 years and has 14 years of experience in the Technology and Hospitality sectors.
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