Why Retaining Older Women in the Workforce Will Help the U.S. Economy

Source: Amy Lui Abel and Diane Lim, University of Pennsylvania, Wharton School, Knowledge@Wharton, June 6, 2018

In this opinion piece, researchers Amy Lui Abel and Diane Lim of The Conference Board explain why demographic and economic trends provide an opportunity for older women to expand their role in the labor market. Several female-dominated occupations — especially in health care services — face shortages that will only grow. But given the unique needs and circumstances of older women, realizing their full economic contribution will hinge on employers providing them with more flexible work environments. If companies do this, the greying of America could become an opportunity rather than a threat.