Updated at 8:05 a.m., Monday, November 26, 2007
Census Bureau reports on Hawaii's 'older workers'
Advertiser Staff
With national projections indicating that one in five people will be 65 or older by 2030, compared with one in eight today, older workers will likely compose an increasingly large portion of each state's workforce, a U.S. Census Bureau report released today said."The Geographic Distribution and Characteristics of Older Workers in Hawaii: 2004" was released this morning, offering information for firms planning for the eventual loss of experienced workers and the payout of pensions.
The Census Bureau used data from the Local Employment Dynamics program to show geographic distribution and the economic dynamics among private-sector workers 55 and older. The report included comparison among Hawai'i's four counties and between metropolitan and nonmetropolitan areas.
The report can be found at: www.census.gov/prod/2007pubs/ledow07hi.pdf.
It defines "older workers" as those 55 and older.
A sampling of the reports findings:
Hawai'i is the sixth state the Census Bureau has reviewed in its series of older workers.