Half of a Boston company’s workforce is part-time senior citizens, countering myths about value of older workers. No Freedom 55 here.
When a special order comes in that calls for a steady hand and a sure eye, the work at Vita Needle often goes to a machine operator called Bill Ferson.
For the past 25 years, at Vita’s factory in suburban Boston, Ferson has been taking very small, hollow stainless steel tubes, thinner than a piece of spaghetti, and shaping one end to make high quality needles and probes.
Ferson is 94.
Vita Needle is his second career. For 39 years before joining them, he had a first career at another company making fine measuring instruments.
“I only planned to work for a few months, but I’ve been here ever since,” he says.
Chosen excerpts by Job Market Monitor
For the very first time in history, the number of workers over age 55 will surpass the number of workers ages 25 to 34. Since 1990, the number of older workers has been increasing steadily, while the number of younger workers in that specific age cohort has been steadily declining. It’s just a matter of … Continue reading »
While employers often tend to shy away from hiring older workers, they might want to reconsider if they’re looking for someone with strong decision-making skills, a new study finds. Research by the MetLife Mature Market Institute and the Center for BrainHealth at The University of Texas at Dallas revealed that older decision makers were more … Continue reading »
In the U.S. non-federal sector, older workers are more likely than younger counterparts to report being able to put their best skills to use, a survey says. The Gallup-Healthways Well-Being Index involving 115,000 U.S. adults — including 8,000 who identified themselves as federal workers — was conducted Jan. 2-Dec. 30, 2012. About 85 percent of … Continue reading »
A recent poll of UK CEOs has uncovered a worrying neglected generation of older workers. This new research, commissioned by Skillsoft, reveals that 92% of UK business leaders openly admit they don’t invest in training and development for employees over the age of 60. With many employees now choosing to work past the traditional retirement … Continue reading »
The number of workers who are 75 and older has skyrocketed by 76.7% in the past two decades, according to research by the AARP Public Policy Institute. “We are living longer, healthier lives,” says Kerry Hannon, author of Great Jobs for Everyone 50+. “And the types of work that people do is not as labor … Continue reading »