FinancialTimes 22nd April, 2022
The Age Taboo in Workplaces means we miss out on talent
Many companies are organizing diversity reviews under pressure from shareholder groups. Virtually none of those reviews include ageism. The US Schwartz Centrefor Economic Policy has shown that 1m Americans aged between 55 and 74 have left the job market since March 2020. About 400,000 of them lost their jobs and have yet to find a new one. In the UK the number of 55-64 year olds who are no longer looking for a job has risen by 228,000. This is according the latest Centre for Ageing Better Report.
Is this ageism? Probably yes. Older people may be more expensive but they bring expertise and worldly knowledge.