Aging and Economic Well-Being in Rural America: Exploring Income and Employment Challenges
Rapid population aging in the United States makes the income and employment circumstances of older workers an increasingly significant concern for individuals, employers, and society as a whole. In this chapter, we begin by providing a statistical portrait of the economic well-being of older Americans at the beginning of the twenty-first century, outlining differences between older adults in nonmetropolitan and metropolitan areas in terms of income and income packaging, poverty, labor force participation, and employment hardship. We then turn our attention to the special considerations an aging work force raises for both employers and older workers, with a special focus on the unique challenges faced in rural workplaces. Finally, we conclude with a summary discussion.
KeywordsLabor Force Participation Turnover Intention Metro Area Social Security Benefit Employee Stock Option
This research was supported in part by funding from the Bureau of Ocean Energy Management, (BOEM), US Department of the Interior. We thank BOEM for this support and note that the contents of this chapter do not necessarily reflect the views and policies of the agency. We also thank Jared LeDoux and Candice Myers for their research and editorial assistance. Last, we thank the editors of this volume for their helpful comments on previous drafts of this chapter.
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