Aging Workforce Statistics
In 2012 20.9% of the United States workforce was aged 55 or older, and estimates project this percentage to increase to 25.6% by 2022 (U.S. Department of Labor, 2014). Older employees continue to be active members in the workforce so they may postpone retirement, maintain income for financial reasons, or simply preserve a productive and social presence. As workers age, a reciprocal relationship develops between experience and knowledge, and physical functioning and cognitive abilities. These life resources typically need to be managed and supported in order to maintain an effective occupational role as employees age.