Hello fellow Encore Hustlers
Minnesota is recognizing that retaining senior workers is a key factor maintaining the state's economic vitality. Minnesota’s population is aging. People 65 and over made up about 15 percent of Minnesota’s total population in 2015. That’s expected to rise to 21% by 2030. If these workers retire and leave the workforce that gap cannot be made up with younger workers or immigrants.
Read this story about the Courageous Conversations project, led by the University of Minnesota's Humphrey School of Public Affairs, that spent two years traveling around the state meeting with employers, civic leaders and job-seekers to explore how Minnesota’s aging workforce is affecting their local economies.
Minnesota’s population is aging. People 65 and over made
up about 15 percent of Minnesota’s total population in
2015. That’s expected to rise to 21% by 2030.2
After reading the story you can link to the full report of the commission, that has may recommendations on how to keep senior workers:
- Consider retirement not as a cliff, but as a time of transition.
- Offer flexible work options such as part time or job sharing.
- Offer leadership development and skills training to older adults.
- Revise and update HR practices .
- Starting conversations with older workers who may want to stay on the job, even in a different capacity.
Hopefully other state's will also read this report and take its recommendations under advisement.