Summary

The U.S. workforce is ageing, which has raised issues in regards to the implications of older staff for companies and the economic system.  Nevertheless, little analysis has been performed on the quantitative worth of older staff in recent times.  This paper makes an attempt to fill that hole by linking worker and employer knowledge from the U.S. Census Bureau’s Longitudinal Employer-Family Dynamics, Longitudinal Enterprise Database, and Enterprise Register.  The evaluation finds that generally, older staff are as productive as youthful staff, nonetheless they do earn increased wages.  Moreover, the connection between the share of older staff, productiveness, and profitability varies considerably by trade.