Older Workers & Our Economic Recovery
Our aging workforce has been one of the most important issues facing our country. By 2028, older workers will represent more than 25% of our labor force. This is good news. Older workers bring much-needed experience, emotional intelligence, and generational diversity to our workplaces.
But we must prepare our older workers with the skills they need for the modern workplace.
Our Vision
We have assessed the future of the American workforce and created a strategic vision on how best to prepare the growing segment of older workers for the next century. In 2019 and beyond, our goal is to expand to all 50 states, become the national leader in the 50+ workforce space and create platforms that generate 50% of our income from non-federal sources.
Our Work
Older Americans
By 2028, more than 25% of the American workforce will be age 55+. The Center has innovative workforce development programs creating economic empowerment for older Americans, with a particular focus on job seekers left behind by traditional programs including women, veterans, and formerly incarcerated workers from low-income households.
Veterans
More than half of unemployed Veterans are age 45 or older. However, the majority of workforce programs for Veterans are only available to younger Veterans. The Center bridges the gap by providing access to the training needed for emerging jobs and careers.
Formerly Incarcerated Job Seekers
One in four American adults has a criminal background. Older workers who were formerly incarcerated not only face the same challenges as older workers but the additional barriers associated with their criminal history. The Center, through our sister innovation hub, CWI Labs, provides a path to stable employment, one of the biggest levers to reduce recidivism.
Women
By 2050, the number of women 55 and older is projected to grow by more than 26 million. Most of the increases in the labor force participation among older workers will come from women. However, the employment hurdles facing women only magnify with age. The Center has extensive experience working with low-income women to create a path to meaningful work.
Cities
While the economies of some cities stagnate, others thrive. Prospering cities foster innovative ecosystems that emphasize multiple elements including workforce development, informed political leadership, education, research centers, and private universities There is no “one size fits all” – it must be localized. The Center approaches each urban workforce development program with a tailored approach to the people and key industries within that specific city.
Rural Communities
Older workers in rural settings have a unique employment challenge because of specific barriers posed by rural settings, coupled with the specific skills required by rural industries. The Center is in key areas to reach dispersed rural older workers. The Center’s partners have relationships and expertise with rural communities to provide scalable workforce development solutions and training in the skills required by employers in rural communities.
There is a socio-cultural bias toward a shrinking youth workforce. All the while, the 50+ workforce in America is a beckoning frontier on the verge of discovery. We choose to lead workforce development of 50+ Americans and transform the economy and generations of workers.
Gary A. Officer, President & CEO