Chronotope’s Twitter Archive—№ 105,261

This is interesting, but also troubling. It doesn't seem to think much about downstream effects. If aging US adults are remaining in the workforce does that make it more difficult for young people to enter or advance because top level positions are taken? qz.com/work/1632602/the-number-of-americans-working-in-their-70s-is-skyrocketing/?utm_source=YPL&yptr=yahoo
Permalink On twitter.com ♻️ 6 Retweets ❤️ 10 Favorites 2019 Jun 3 Mood +1 🙂

…in reply to @Chronotope
The potential effects of this phenomenon could go further than that, written in 2011 and updated in 2015 MotherJones had an article on what was then called "The great speedup", the phenomenon of workers forced to do more with no salary increases... motherjones.com/politics/2011/06/speed-up-american-workers-long-hours/
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…in reply to @Chronotope
A worker at end of the career has far less incentive to pressure their employer for salary increases, quality of life changes, or advancement in a way a young early-career employee would. This means industries w/older workers pushing retirement might have lower growth for labor.
Permalink On twitter.com ❤️ 1 Favorite 2019 Jun 3 Mood +3 🙂

…in reply to @Chronotope
Also, workers at end-of-career would seem to be less likely to take risks like labor organization. Beyond that, 'gray' workers, who saved for retirement have less salary requirements than young workers who have no bank to fall back on.
Permalink On twitter.com 2019 Jun 3 Mood +1 🙂

…in reply to @Chronotope
Gray workers also have resources and discounts that are made available to retirement-age Americans that set different standards for cost-of-life and healthcare....
On twitter.com 2019 Jun 3 Mood -1 🙁

…in reply to @Chronotope
But there is also potential deformation for how companies target their products when the upper echelon is all post-retirement-age. These people are now setting how the world works and when they fail to retire their viewpoint is stuck somewhere other than services for young folks.
Permalink On twitter.com 2019 Jun 3 Mood -4 🙁

…in reply to @Chronotope
In 2015 Bloomberg noted the advantage banks of hiring gray workers: "The bigger reason employers should be recruiting from the older generation is to align their staffing demographic with their customer profiles.” bloomberg.com/opinion/articles/2015-02-10/needed-50-shades-of-graying-workers
Permalink On twitter.com ❤️ 2 Favorites 2019 Jun 3 Mood +1 🙂

…in reply to @Chronotope
*for banks
Permalink On twitter.com ❤️ 1 Favorite 2019 Jun 3 Mood 0
…in reply to @Chronotope
The author of the QZ cited study explicitly notes: "many college-educated workers are choosing to stay in the labor force more for the social benefits than for financial reasons." which means their incentives for negotiation & leadership are ill-aligned with needs of young labor.
Permalink On twitter.com 2019 Jun 3 Mood +3 🙂

…in reply to @Chronotope
Note how different this is from how young and new-entrant labor is described: "older employees take fewer sick days, show stronger problem-solving skills, and are more likely to be highly satisfied at work than their younger colleagues"
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…in reply to @Chronotope
This thread isn't meant to be some hate-mail towards gray labor, but I want to emphasize that the current examination of post-retirement labor isn't enough. Gray labor has a greater impact than we're bothering to examine and it is an emerging phenomenon that *needs* more study.
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