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- By 2022, more than 27 percent of Ohio’s labor force will be age 55 or older. Rapidly changing demographics and Ohio's economic realities require employers to challenge stereotypes about employing older workers.
aging.ohio.gov/care-and-living/staying-active/staying-active-catalog/myths-about-older-workers
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Jul 18, 2024 · About 15.8% of Ohio workers were 65 and up in 2023, per preliminary census data. The big picture: Fewer older Americans are working now compared to during the height of the COVID-19 pandemic, but the share of older adults in the workforce has been generally rising since the late '80s.
- Ohio has lower share of 65-and-up workers than other ... - Axios
Nearly 16% of Ohioans 65 and older remain in the workforce,...
- Ohio has lower share of 65-and-up workers than other ... - Axios
By 2022, more than 27 percent of Ohio’s labor force will be age 55 or older. Rapidly changing demographics and Ohio's economic realities require employers to challenge stereotypes about employing older workers.
- Legacy Cities
- Labor Force, Population, and Demographics
- Household Income
- Recommendations
The study said Ohio is rife with what are known as “legacy cities,” which are places “that came to prominence in the early-to-mid 1900s around a manufacturing economy but experienced significant population and manufacturing industry losses in the mid-to-late twentieth century.” Ohio has 22 legacy cities surrounded by 15 legacy metros, it said. On t...
When it comes to the labor force, legacy cities experienced a loss of 85,000 workers with small to medium sized cities accounting for 70% of those losses, according to the study. Legacy city adjusted metro areas experienced little change. The Columbus area was the only place in the state to perform on par with the nation as a whole. Legacy city adj...
Wages in Columbus city and metro increased the most of any place in Ohio since 2000 but even so did not keep pace with national trends, increasing at rates of 45% and 50% respectively, compared to the nation’s 55%, the study said. In 2020, the city of Columbus had the highest median household income for any city in the state ($54,902), it added. Th...
As far as what can be done, the study said the focus of the state’s policies should be to stabilize existing populations and prevent further population loss by: 1. protecting municipal budgets with “predictable and assured access to stable sources of income;” 2. using national recovery and infrastructure funds to help to repair or modernize histori...
Nov 4, 2022 · Workers of all ages bring value to Ohio's workforce, but older workers and job-seekers may face challenges to competing and succeeding in today's job market. The Department of Aging teams with federal, state, and local partners to raise awareness of the value of older workers.
With an aging population, older Ohioans already play a larger part in the state's workforce. For a variety of reasons, more older adults are choosing to remain in the workforce or return to the workforce after traditional retirement age.
Jul 19, 2024 · Nearly 16% of Ohioans 65 and older remain in the workforce, which is lower than the U.S. average of 18.7% and the lowest share in the Midwest, according to preliminary 2023 census data.
Older workers generally know where to invest time and effort to avoid costly mistakes. Reliability - Older workers generally use fewer sick days than younger workers. Also, a 50-year-old employee is likely to remain with an employer longer than a 20 or 30-year-old.
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