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Yes, Virginia, we are a nation of aging workaholics

By | September 8, 2009, 11:05 AM PDT

I was raised to be a workaholic. There, I’ve said it. Catharsis.

Then again, LOTS of the people that I know and hang out with (can workaholics hang out?) are wired this way, too. Even though I love a good therapeutic session with my Kindle, doing NOTHING ABSOLUTELY NOTHING, I can’t imagine not working. Retired? Someone will have to pry the keyboard from my fingers at some point, I suppose. I was just not raised to relax. Plus, I kind of like being able to buy new books and clothing on my terms, not on the terms of my retirement account. I like financial security, thank you very much, and what I see in the future of my finances makes me a little nervous.

I declare this because I am far from alone. There was a survey released over the Labor Day weekend revealing that the U.S. workforce is aging. For one thing, the percentage of working Americans who are 65 or older is expected to rise to to 16 percent this year, compared with 12 percent in 1999. What’s more approximately 47 percent of Baby Boomers (the media age of Boomers is 54) see themselves as mid-career.

Here’s a blog from the Harvard Business Review with an analysis of the stats. The study is by the Center for Work-Life Policy, and it’s called “Bookend Generations: Leveraging Talent and Finding Common Ground.”"

You can read whatever you like into the results, but it’s another indicator that technology and the reshaping of the global economy are changing who works and why. The benefits you provide to your workforce will change, accordingly, which means you need to think about different ways to incent people who have decided to stick around longer on your company’s behalf. The other thing you have to think about more is bridging the divide, ensuring that collaboration between your maturing staff and those just entering the workforce doesn’t go awry. Text vs. telephone anyone? See what I mean, there’s a lot of potential for communications gaps, literally and figuratively.

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Heather Clancy

About Heather Clancy

Heather Clancy is a contributing editor for SmartPlanet.

Heather Clancy

Heather Clancy

Contributing Editor, Business

Heather Clancy has written for United Press International, ZDNet, Entrepreneur, Fortune Small Business, the International Herald Tribune and the New York Times. She holds a degree from McGill University. She is based in New Jersey.

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Heather Clancy

Heather Clancy
Writing publicly about what the high-tech industry is actually doing to help itself and the world get greener or more sustainable is one way I figure I can contribute more meaningfully to said effort. I'm also a big OMG-kind-of-fan of smart leadership, which is why the goodly folks who publish this blog let me go on about this topic and why I am always on the hunt for forward-looking business management ideas.

My daily writing is focused on looking for topics for my blogs, GreenTech Pastures and Business Brains. I also write often about emerging technology trends such as mobile computing, unified communications and cloud computing. Occasionally, I will pop up at an industry conference in some sort of speaking capacity. In cases where a speaking engagement involves a sponsor that may be covered in this blog, that fact will be disclosed in coverage as appropriate.

My corporate writing work usually consists of crafting research white papers about some aspect of technology. In the event that my commentary (in written, audio or video form) mentions a company for which I have provided consulting advice, I will disclose that fact. However, there is no connection between these projects and the topics that I'm covering in my blog.

She writes for SmartPlanet and is not an employee of CBS.

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RE: Yes, Virginia, we are a nation of aging workaholics
We are a nation of spenders, living for today. You have raised a good point that we are workaholics, who often lack good work life balance. Being a workaholic myself, I have learned that I often defined myself via my work. Once I chose to identify myself as a snowboarder instead of product manager, the workaholic problem slowly started melting away.
Posted by steven-tsp
8th Sep 2009
0 Votes
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You're not a workaholic
You're a writer. And we writers retire to pine boxes. Personally I've never worked a day in my life, although my pay stubs might indicate otherwise.
Posted by DanaBlankenhorn
8th Sep 2009
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RE: Yes, Virginia, we are a nation of aging workaholics
Well Dana, if managing a staff of close to 40 people isn't working, then I don't know what is! Not that I do it anymore.
Posted by Heather Clancy
9th Sep 2009
0 Votes
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So, what does this say about labor shortage whiners
So, what does this say about the attempts to panic legislators by saying, "We're
faced with a Terrrrrrible Shortage of talent, because the Boomers are starting to
retire."?

We actually have plenty of laborers, and plenty of STEM workers, and plenty of
writers, and actors, and teachers, and nurses, and horse groomers and trainers.
Employers just aren't willing to employ US citizens at the compensation levels
necessary to cover our standards of living.
Posted by Professor8
15th Sep 2009
0 Votes
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RE: Yes, Virginia, we are a nation of aging workaholics
There was a report recently done that state that "93% of the growth in the U.S. labor force from 2006 to 2016 will be among workers ages 55 and older. The Pew study notes that older adults are staying in the labor force longer, and younger adults are staying out of it longer."

People are not workaholics, it is just what we do. Same study gave these reason why we do it:

Feel useful/productive
Live independently
Give myself something to do
To be with othe people
Support myself/family
Help improve society
Qualify for pension/Social Security
Receive health benefits

To see the whole study: http://pewresearch.org/pubs/1330/american-work-force-is-graying

.

Posted by rbrooks802
22nd Sep 2009
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