GAO provided information on work-force aging, focusing on federal
government and private-sector employers' efforts to address
older-worker issues. GAO found that: (1) the federal government and
private-sector employers could face difficulties in meeting their
future employment needs because the large aging baby boom
generation is approaching retirement eligibility and the next
generation of workers is considerably smaller; (2) the federal
government has not developed a sufficient strategy to address its
aging workforce; (3) although employers do not value older workers
as much as younger workers, older workers often can be as
productive, have better work attitudes, and are more reliable than
younger workers; (4) although few private sector employers have
initiated older-worker programs, several employers have
successfully employed older workers; (5) older worker employment
programs vary in industrialized countries; (6) Canada and Japan
have enacted legislation and initiated programs to encourage
employers to retain older workers; (7) the full effects of
downsizing on older workers are not known, but many private sector
employers offer early retirement incentives; (8) the federal
government could meet its future employment needs by making greater
use of qualified older workers; and (9) the federal government
needs to balance the desires of older employees who wish to remain
employed with the employment, mobility, and advancement of younger
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