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over 40 female employee with hand to forehead in sign of worry (Photo: Shutterstock)

Disregard for older workers is weighing on the economy. So says a report from AARP, which finds that employers turning up their noses at older workers could end up taking some $850 billion out of the U.S. economy. In 2018 the 50-plus population contributed some 40 percent of the U.S. GDP, supporting 88.6 million jobs and contributed $8.3 trillion to the economy – even though it only made up 35 percent of the population – but by 2050 that’s expected to more than triple to $28.2 trillion.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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