Fortune

The Unexpected Upside of an Aging Workforce

THE GRAYING OF the U.S. workforce is gaining momentum. A Pew Research survey found nearly a fifth of Americans age 65 and older were employed in 2023, nearly double the three decades prior. Employees 55 and older will constitute over a quarter of the global workforce by 2031, according to an analysis from Bain & Co. last year.

Finding ways to capitalize on an increasingly intergenerational workforce is top of mind for Jason LaRue, national managing partner of talent and culture at KPMG, who supports the firm’s 36,000 U.S. partners and professionals.

“We’re absolutely going to have to be able to attract workers across a wide set of generations, including people who have had longer careers already,” LaRue tells Fortune. “There’s no magic about, ‘I turned X age, and therefore I am capable or not capable of doing something else.’ ”

This marks an unprecedented time for most workplaces, where the presence of retirement-age

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