DIAGNOSED WITH PARKINSON'S
DISEASE.
TOP STORY THIS HALF AN HOUR AND
THAT'S BABY BOOMERS AND THE
ECONOMIC BOOM.
OLDER WORKERS ARE REMAINING IN
THE WORKFORCE LONG E AND
CONTRIBUTING MORE.
ACCORDING TO AARP, AMERICANS 50
YEAR'S AND OLDER GENERATE
$7.6 TRILLION IN ANNUAL
ACTIVITY.
AARP CEO JOANNE JENKINS.
THANK YOU SO MUCH FOR JOINING
US.
>> I THINK WE ARE SEEING
PARTICULARLY IN THE U.S. AND
ALSO AROUND THE WORLD THE NEED
IS AS YOU SAID PEOPLE OVER THE
AGE OF 50 IN THE U.S. SPEND 51
MANY COMPANIES ARE OVERLOOKING
AND YET THESE ARE THE ONES WHO
ARE ACTUALLY SAYING IN THE
WORKPLACE AND THEY ARE ALSO
CONTRIBUTING LARGE AMOUNT TO
HERE WE ARE LOOKING AT VERY LOW
UNEMPLOYMENT RATE.
WE HAVE ROBOTICS TAKING OVER
JOBS, PEOPLE ARE WORRIED THAT
TECHNOLOGY WILL REPLACE THEM AND
THEN YOU HAVE A GROUP OF PEOPLE
WHO ARE EXPERIENCED, WHO HAVE
BEEN IN THE WORKFORCE, STAYING
THERE FOR LONGER AS THEY AGE AND
LIVE LONGER, THAT'S ANOTHER
THING THAT WE HAVE TO PLAY INTO
HERE, THE FACT THAT WE ARE
LIVING LONGER.
WORKPLACE, PEOPLE OVER AGE OF 50
TRYING TO CONTINUE TO WORK WELL
INTO 60's AND 70's IN SOME
CASES, WHAT WE ARE SEEING NOW
FOUR GENERATIONS IN THE
WORKPLACE AT ONE TIME.
HOW DO WE BRING TOGETHER THOSE
GENERATIONS TO MAKE SURE WE ARE
GETTING THE BEST OUT OF THIS IN
THE BATTLE FOR TALENT.
SEGMENTS OF SOCIETY LIKE IN
HEALTH CARE AND EDUCATION THAT
THERE IS THIS HUGE NEED FOR
UNREPRESENTATION IN THE
EMPLOYMENT IN THE WORKFORCE.
SO WE ARE HOPING THAT COMPANIES
WILL CONTINUE TO FOCUS NOT ONLY
ON YOUNG WORKERS BUT OLDER
WORKERS AND NOT BE PUTTING THEM
AGAINST EACH OTHER BUT SEEING
THE VALUE OF THAT EXPERIENCE
COMING INTO WORKPLACE THAT IS
CREATES A DIFFERENT KIND OF
CULTURE.
MARIA: WELL, YOU WOULD THINK SO.
LABOR AND LONGEVITY, 40% OF
RETIREES LIFE EXPECTANCY OF FIVE
YEARS.
WE WILL BE TALKING ABOUT HIGHER
WAGES, INTEREST RATES MOVING
HIGHER BECAUSE WE HAVE A STRONG
ECONOMY BUT THAT, OF COURSE,
WILL LEAD TO A TIRED LABOR
HIGHER WAGES.
OLDER WORKERS WANT DIFFERENT
THINGS THAN OTHER WORKERS
PARTICULARLY AFTER YOU SPENT
LIFETIME OF YOUR CAREER IN A
FIELD, I THINK WHAT WE ARE
SEEING, PARTICULARLY AT AARP
THAT WE ARE DOING RETIREMENT,
PART TIME JOBS THAT ALLOW PEOPLE
TO WORK AT HOME AND THE
FLEXIBILITY AND REALLY FINDING
WORK THAT HAS PURPOSE AND
MEANING IS SOMETIMES MORE
IMPORTANT THAN THE AMOUNT OF
MONEY THAT THEY ARE BEING PAID
TO DO THAT.
SO WE ARE TESTING A WHOLE HOST
OF THOSE KIND OF PRINCIPALS AT
AARP.
WE OFFERED CAREGIVING LEAVE TO
EMPLOYEES WHICH IS A MAJOR
ISSUE.
WE KNOW THAT ALMOST ONE IN FIVE
PEOPLE IN THE U.S. WILL BE A
CAREGIVER AT SOME POINT IN THEIR
LIFE, EITHER WANTING -- NEEDING
TO BE CAREGIVER OR SOMEONE TO
CARE FOR THEM.
MARIA: WELL, YOU ALSO HAVE THOSE
PEOPLE WHO THEY CALL THE
SANDWICH, CARING FOR THEIR KIDS
AND CARE FOR PARENTS.
THEY ARE CAREGIVERS.
LET ME ASK YOU ABOUT TECHNOLOGY.
TRAINING, DEDICATING WEEK TO
WORKFORCE DEVELOPMENT BACK IN
JUNE.
AS WE LOOK AT TECHNOLOGY AND
ROBOTICS HAVING A BIGGER PLACE
IN THE WORKFORCE, DO YOU EXPECT
THAT WE ARE GOING TO SEE JOB
TRAINING SO THAT WE UNDERSTAND
WHAT THE SKILL SETS ARE THAT ARE
REQUIRED TO THRIVE IN THIS NEW
I NO THAT MANY COMPANIES AROUND
THE COUNTRY ARE ALREADY DOING
THAT.
>> WELL, I THINK IT'S BOTH.
WE RUN A COUPLE OF UNEMPLOYMENT
PROGRAMS THAT BRINGS OLDER
WORKERS BACK TO WORKPLACE AND
PLACING THEM IN POSITIONS THAT
ARE WORKING IN NONPROFIT
ORGANIZATIONS ACROSS THE
COUNTRY.
A LOT OF RETRAINING IS USE OF
TECHNOLOGY.
WE ARE SEEING GROWING TREND
PEOPLE OVER 50 USING TECHNOLOGY
AND IT'S DIFFERENT THAN WHAT
MOST PEOPLE EXPECT.
AS YOU WERE TALKING EARLIER THAT
WE ARE EVEN RETRAINING HOW WE
TRAIN OUR PEOPLE WHO USE OUR
DRIVER'S SAFETY PROGRAM AND HOW
DO WE USE TECHNOLOGY AND CARS
BECAUSE YOU WERE TALKING ABOUT
THE AUTONOMOUS CAR.
HOW DO WE PREPARE THIS
GENERATION OF PEOPLE TO
UNDERSTAND THE USE OF TECHNOLOGY
AND THE POWER THAT IT GIVES THEM
AROUND TAKING CARE OF
THEMSELVES.
MARIA: GOOD TO SEE YOU.
WE WILL BE WATCHING.
VERY EXCITING WHAT YOU ARE