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Older Americans are Choosing Work Over Retirement

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Instead of retiring, an increasing number of American’s are working — either reentering the workforce or pressing onward with their professional careers. Additionally, they are working more hours, with 62% reported to be engaged in full-time work. This demographic shift is impacting the dynamics of the workforce.

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Employers Beware: There Are Rising Legal Risks Of Rigid RTO Policies

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This case underscores the complexities employers face in implementing return-to-office policies while also needing to provide ADA-compliant reasonable accommodations, particularly for employees with significant health risks. When he did not return to work under these conditions, Electric Boat considered him resigned.

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Why It’s Time to Retire the Term “Hybrid Work”

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An awareness of where and when work is done forms the basis of a flexibility strategy with appropriate space, technology and policies in place. . The word “hybrid” gets used a lot relative to workplace strategy, but it may be time to retire the term. . Then we have a discussion whether or not all these points are valid.” .

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Economic Uncertainty is Driving Baby Boomers Back to the Workforce

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sped-up their retirement plans due to layoffs, health concerns, and changing work attitudes — contributing to what was termed the “Great Retirement.” Rowe Price’s Retirement Saving & Spending Study, 20% of retirees continue to work full- or part-time, and 7% are actively job searching.

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U.K. Companies Retreat from Flexible Work Options, Put Workforce Diversity At Risk

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Additionally, Boomers are staying in the workforce longer, working further past what was generally accepted as a prime retirement age. Therefore, maintaining equitable work policies that establish a strong balance between employer needs and worker preferences is likely the key to success for competing for skilled talent. The post U.K.

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Declining Workforce Participation Rates Complicate U.S. Labor Market, With 8.5 Million Job Vacancies

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According to a recent report published by the U.S. Chamber reports there are approximately 8.5 It’s reported that the labor force participation rate has declined to 62.7%, a decrease from 63.3% Labor shortages in the U.S. still pose a challenge for employers in 2024. million job vacancies, yet only 6.5 in February 2020.

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Aging Workforce Driving Economic Growth In U.K.

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These developments have challenged traditional notions of retirement and redefined the role of older individuals in the workforce. Consequently, organizations and policymakers should adapt to this new reality by implementing policies and initiatives that support the continued age-diversity in the workforce.

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