
In spite of the fact that the Age Discrimination in Employment Act of 1967 (ADEA) makes it illegal to discriminate against workers age 40 and up, what takes place on the job is anything but age acceptance. While most people believe that age discrimination in the workplace begins to rear its ugly head around age 50, baby boomers’ own children are experiencing it. And, it’s cruelly ironic because 65% of employees age 55 and up are “engaged,” compared to 58% to 60% of younger employees. In spite of the fact that older workers bring more experience to the table, age discrimination comes in the form of their being labeled technologically averse, unable to get along with younger workers, stuck in their ways and not good for the bottom line. The United States obsession with youth is reflected in the Golden Age Index, a weighted average of seven indicators which reflect the labour market impact of workers aged over 55 in the OECD (Organisation for Economic Co-operation and Development) countries. Iceland, New Zealand, Israel and Sweden take the top four spots, well over our own United States. In spite of the fact that we would be well-advised to have baby boomers active in the economy, this country appears blind to the facts that every month the more than a quarter-million Americans who open the golden parachute don’t contribute as much to the economy as workers do, they don’t spend as much as the average consumer and they’re much more likely to depend on others such as the government or their own children versus supporting themselves.
14% of millennials and 15% of gen x’ers have not yet outlined their career goals compared to 30% of baby boomers (similar to the 30% of baby boomers who haven’t planned for their retirement income). Not defining your career goals based upon what you truly want to do and how you want to use your unique skills and abilities is the major reason that lack of meaning in your life follows you around like a dark shadow. Getting clarity on what you absolutely want to achieve in this life is key to personal happiness and fulfillment. Jobs don’t bring meaning. Doing meaningful work brings happiness. For baby boomers, the time is especially upon you to be brutally honest about what you want your legacy to be so that you can convert your dreams into your reality…NOW.
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