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    • Silver Tsunami is a metaphor used to describe population aging. We’re familiar with the problems of shrinking population in places like Japan and Italy. But the Silver Tsunami we’re facing in the US is somewhat different. The Department of Labor estimates the number of white collar professionals over the age of 50 in the US to be 25 million people. But look around your “open-space” office right now. How many people working there are over 50? Where are all the grey-hairs? Were they caught up in the last round of layoffs or were they never hired at your “unicorn” company in the first place? Mark Zuckerberg was famously quoted as saying “young people are just smarter.”

      Who is the presidential candidate that is going to take a stand against institutional ageism in the workplace that results in 13% of the adult US population being under-employed? There is an enormous talent pool out there. States are starting to implement quotas for the number of women on corporate boards. What about a quotas for intergenerational workplaces?

    • I can only speak for myself as an old fart that knows alot of old farts and very few people within my social network who are old farts actually work in an office. I would say 80% of my old fart peers are self-employed (yes, still working) and work out of their homes. And, strictly speaking for myself, I have zero patience for office politics. So, I have created the situation where I don't have to.

    • Yes. And if you read my book: Career Resilience, you will see that self-employment is the answer for people who can't or won't deal with office politic bullshit. But let that be our choice. Knowing when to leave and leaving on your own terms is one of the secrets to Career Resilience.

    • Unfortunately, it is more often the case that young people are not smarter, but cheaper.

      In the UK investment banking sector it has been a long-established practice to sack 10% (or so) of the current workforce at the end of a year, and immediately replace them with young graduates in the new year. Reason: younger staff are cheaper than older staff with perhaps decades of experience and accumulated pay rises. They have no cumulative benefits either.

      This does not get the publicity it deserves, and the banks are not called to account for this behaviour. The end of year cull does not correlate to corporate performance; people are churned regardless of profits or losses.

    • Maggie, some interesting stats in this article and to @CygnusX1's point:

      "They may be concerned about the cost of employing older adults because
      of perceived high salary demands or heavy use of expensive health
      benefits, the cost of training older adults who may retire before
      employers can recoup those investments, or the possibility that older
      adults may be unfamiliar with the latest technology and lack up-to-date
      skills."