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Companies See Perks in Hiring Older Workers

Update Date: Sep 13, 2013 04:39 PM EDT

Many employers are hiring older people to stay longer in the workforce. Researchers say that many employers are findings older workers as ideal hires. They explain that while older people lack the speed, technology skills and dynamism of younger applicants, but researchers said that older workers have stayed in the workforce longer.

According to the latest Centers for Disease Control report about 200 companies from Google to AT&T have signed a pledge recognizing the value of experienced workers and vowing to consider applicants 50 and older.

The Associated Press reports that hundreds of other companies are doing to same after positive experiences with hiring older people.

While the stereotypes of older workers are typically unfounded, the latest statistics show that older workers actually outperform younger ones in most metrics.

However, recent surveys reveal that older people believe that the experience age discrimination in the job market. While underemployment is lower among low workers, statistics reveal that long-term unemployment is significantly higher.

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