Employment of the older worker: An industrial and social problem. - Page 139 |
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r ~ ~ " " 127
by 1975 th e r e w i l l be n in e per c e n t of th e p o p u la tio n aged
s i x t y - f i v e and over. The e f f e c t of a growing o ld e r p o p u la-j
t i o n i s a l s o borne out by th e in c r e a s e of o ld e r w orkers i n
j our la b o r f o r c e . While in th e year 1900 o n ly 2 1 .2 per c e n t
j of th e la b o r fo rc e was i n th e 45-64 age b r a c k e t, by 1950
| t h i s had in c re a s e d t o t h i r t y p er c e n t, and i t has been
i
j e stim a te d t h a t by 1975 th e 45-64 age group w i l l c o n s t i t u t e
ab o u t 31 p er c e n t of th e la b o r f o r c e . This r e l a t i v e l y
; slow er in c r e a s e of an aging work fo rc e by 1975 i s p r i m a r i l y
jdue to th e h ig h b i r t h r a t e p r e v a le n t s in c e World War I I ,
|and a l s o i n d i c a t e s reduced employment o p p o r tu n itie s f o r
j th e o ld e r worker by 1975* F u rth erm o re, w h ile i n 1900 th e
j s i x t y - f i v e y e a rs and over c o n s t i t u t e d on ly fo u r per c e n t
|o f th e t o t a l p o p u la tio n , th e y had 4 .4 per c e n t of t h e i r
iI
igroup i n th e work f o r c e . I n 1950, however, w h ile t h i s
1 group c o n s t i t u t e d e ig h t per c e n t of th e t o t a l p o p u la tio n ,
i t had o n ly 4 .6 p er c e n t i n th e work f o r c e , and by 1975
i t i s e s tim a te d t h a t on ly 4 .3 per c e n t of t h i s o ld e s t age
group w i l l p a r t i c i p a t e in th e la b o r f o r c e , a lth o u g h i t w i l l
compose n in e p er c e n t of th e t o t a l p o p u la tio n . Thus, the
long term tr e n d shows a reduced p a r t i c i p a t i o n of our o ld e r
w orkers in th e la b o r f o r c e and a l s o i n d i c a t e s e a r l i e r
r e ti r e m e n ts from g a i n f u l employment.
A nother im p o rta n t f a c t o r t o c o n s id e r in th e composit
i o n of our la b o r fo rc e i s th e in c r e a s in g p a r t i c i p a t i o n of
fem ale w orkers in our i n d u s t r i a l economy. In 1900, fem ale
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| Title | Employment of the older worker: An industrial and social problem. - Page 139 |
| Repository email | cisadmin@lib.usc.edu |
| Full text | r ~ ~ " " 127 by 1975 th e r e w i l l be n in e per c e n t of th e p o p u la tio n aged s i x t y - f i v e and over. The e f f e c t of a growing o ld e r p o p u la-j t i o n i s a l s o borne out by th e in c r e a s e of o ld e r w orkers i n j our la b o r f o r c e . While in th e year 1900 o n ly 2 1 .2 per c e n t j of th e la b o r fo rc e was i n th e 45-64 age b r a c k e t, by 1950 | t h i s had in c re a s e d t o t h i r t y p er c e n t, and i t has been i j e stim a te d t h a t by 1975 th e 45-64 age group w i l l c o n s t i t u t e ab o u t 31 p er c e n t of th e la b o r f o r c e . This r e l a t i v e l y ; slow er in c r e a s e of an aging work fo rc e by 1975 i s p r i m a r i l y jdue to th e h ig h b i r t h r a t e p r e v a le n t s in c e World War I I , |and a l s o i n d i c a t e s reduced employment o p p o r tu n itie s f o r j th e o ld e r worker by 1975* F u rth erm o re, w h ile i n 1900 th e j s i x t y - f i v e y e a rs and over c o n s t i t u t e d on ly fo u r per c e n t |o f th e t o t a l p o p u la tio n , th e y had 4 .4 per c e n t of t h e i r iI igroup i n th e work f o r c e . I n 1950, however, w h ile t h i s 1 group c o n s t i t u t e d e ig h t per c e n t of th e t o t a l p o p u la tio n , i t had o n ly 4 .6 p er c e n t i n th e work f o r c e , and by 1975 i t i s e s tim a te d t h a t on ly 4 .3 per c e n t of t h i s o ld e s t age group w i l l p a r t i c i p a t e in th e la b o r f o r c e , a lth o u g h i t w i l l compose n in e p er c e n t of th e t o t a l p o p u la tio n . Thus, the long term tr e n d shows a reduced p a r t i c i p a t i o n of our o ld e r w orkers in th e la b o r f o r c e and a l s o i n d i c a t e s e a r l i e r r e ti r e m e n ts from g a i n f u l employment. A nother im p o rta n t f a c t o r t o c o n s id e r in th e composit i o n of our la b o r fo rc e i s th e in c r e a s in g p a r t i c i p a t i o n of fem ale w orkers in our i n d u s t r i a l economy. In 1900, fem ale |
