Elderly between ages 55 and 69 are working more according to a report released Monday, April 9, 2007 by the California Budget Program. The proportion of men and women ages 55 to 69 who are working rose by 10.6 percent and 9.2 percent, respectively.
Experts say the change is caused by various social factors, good and bad. Longer lives and better health mean people are physically able to work longer. A diminished retirement system and a sharp rise in baby boomers who feel financially unsecured to retire will continue to work longer.
Some industries, especially healthcare, have very little qualified workers that older employees are welcomed to work longer. American's changing attitude towards employment has encouraged more elderly workers to challenge second careers, new small businesses, or jobs that pay less but more fulfilling.
The California Budget Project is a Sacramento-based think tank that works as an advocate for low- and middle-income residents.
Thinking about working in Japan? Preparing to move overseas almost becomes a full-time job in the final weeks of your departure. Many people quit their jobs weeks before so they can devote their time to preparation. But what about your health insurance? Short-term health insurance plans are a great solution. ↓
Below are links to Certified Social Insurance and Labor Consultants providing services in English. Also below are useful links related to working in Japan and links to women balancing career and personal happiness. WJA realizes and promotes women's increasing value in the labor market.