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New Aging Realities New Aging Realities State Board of Education State Board of Education Presentation Presentation

New Aging Realities

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New Aging Realities. State Board of Education Presentation. 76 Million Baby Boomers! (Born 1946 – 1965). Boomers Will Boom Here (% of total population). Santa Fe35% Denver33% Seattle32% Portland31% San Francisco31% Source: Census Bureau, State & Metropolitan Data Book. - PowerPoint PPT Presentation

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Page 1: New Aging Realities

New Aging RealitiesNew Aging Realities

State Board of Education State Board of Education PresentationPresentation

Page 2: New Aging Realities

76 Million 76 Million

Baby Boomers! Baby Boomers! (Born 1946 – 1965)(Born 1946 – 1965)

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Boomers Will Boom HereBoomers Will Boom Here(% of total population)(% of total population)

Santa FeSanta Fe 35%35% DenverDenver 33%33% SeattleSeattle 32%32% PortlandPortland 31%31% San FranciscoSan Francisco 31%31%

Source: Census Bureau, State & Metropolitan Data BookSource: Census Bureau, State & Metropolitan Data Book

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StatisticsStatistics

1 in 4 Oregonians will be 65+ by 20251 in 4 Oregonians will be 65+ by 2025 The 50+ population in PCC District will The 50+ population in PCC District will

increase increase 43%(+200,000) by 202043%(+200,000) by 2020 An aging population means –An aging population means –

- older learners- older learners - aging workforce- aging workforce

- need for age specialists to respond to the - need for age specialists to respond to the ‘new ‘new

aging realities’aging realities’

Source: Oregon Office of Economic AnalysisSource: Oregon Office of Economic Analysis

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Older LearnersOlder Learners Nationwide ~Nationwide ~

Population, workforce participation, and post-secondary Population, workforce participation, and post-secondary education trends portend a education trends portend a tsunamitsunami of students 55-79 of students 55-79 looking for work-related courses, personal interest courses, looking for work-related courses, personal interest courses, and certificates/degreesand certificates/degrees

Older students choose community colleges over universities Older students choose community colleges over universities 2 to 12 to 1

((Framing New Terrain: Older Adults & Higher Education Framing New Terrain: Older Adults & Higher Education - ACE- ACE))

At PCC ~At PCC ~Credit Students – Av. Age = 29Credit Students – Av. Age = 29 40+: 40+: 15.5%15.5% (3,506) (3,506) 50+: 50+: 5.9%5.9% (1,340) (1,340)

Non-Credit Students – Av. Age = 42Non-Credit Students – Av. Age = 42 40+: 40+: 47.2%47.2% (8,081) (8,081) 50+: 50+: 28.3%28.3% (4,854) (4,854)(Winter term 2007)(Winter term 2007)

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Boomers Go To CollegeBoomers Go To College

Key Findings (40+ credit students)Key Findings (40+ credit students) 76% of credit students in college to re-76% of credit students in college to re-

skill, re-enter the workforce, or re-careerskill, re-enter the workforce, or re-career 4 in 5 students working, engaged in 4 in 5 students working, engaged in

family care work, experience time and family care work, experience time and financial constraints as greatest financial constraints as greatest obstacles to successobstacles to success

They look to the college for help in They look to the college for help in preparing for and finding jobspreparing for and finding jobs

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What They WantWhat They Want

New Options, New Options, especially for career transitionsespecially for career transitions Quick Transitions: Quick Transitions: prior learning assessment, prior learning assessment,

accelerated program formats, improved career counseling, accelerated program formats, improved career counseling, & job placement& job placement

““Reinvention” in CommunityReinvention” in Community to achieve to achieve personal goals, with support, networking, and connectionpersonal goals, with support, networking, and connection

Access & Barrier BustingAccess & Barrier Busting to outreach, to outreach, programming, scheduling & transportationprogramming, scheduling & transportation

Funding: Funding: waivers, reimbursements, & loans supported waivers, reimbursements, & loans supported by information, strategies and resourcesby information, strategies and resources

Sources: Sources: PCC’s PCC’s Boomers Go to CollegeBoomers Go to College & ACE’s & ACE’s Framing New Terrain: Framing New Terrain: Older Adults & Higher EducationOlder Adults & Higher Education

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ImplicationsImplications

Outreach to older students based on Outreach to older students based on product of job preparation & product of job preparation & placementplacement

Ease entry into college & honor Ease entry into college & honor experienceexperience

Provide flexible, accessible wrap Provide flexible, accessible wrap around services & supportsaround services & supports

Build business partnerships for job Build business partnerships for job preparation, internships, jobspreparation, internships, jobs

Page 9: New Aging Realities

Graying of U.S. Graying of U.S. WorkforceWorkforce

Baby boomers make up almost half (47%) of the workforce today.

Too few people to replace the “boomer” generation of 75+ million

More people leaving the workforce earlier

More people unwilling to work ever-longer hours for large organizations

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Aging WorkforceAging Workforce

By 2020, Oregonians 55+ will By 2020, Oregonians 55+ will comprise 26% of the populationcomprise 26% of the population

4 in 5 of 55+ intend to work beyond 4 in 5 of 55+ intend to work beyond traditional retirement agetraditional retirement age

Source: Oregon Office of Economic AnalysisSource: Oregon Office of Economic Analysis

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AARP Oregon SurveyAARP Oregon Survey

Key FindingsKey Findings 67% of Oregon employers report likely 67% of Oregon employers report likely

shortage of qualified workers in next 5 shortage of qualified workers in next 5 yearsyears

Nearly 2/3 have not prepared for Nearly 2/3 have not prepared for projected shortageprojected shortage

7 in 10 have hired older workers, and 7 in 10 have hired older workers, and half have rehired retired employeeshalf have rehired retired employees

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ImplicationsImplications

Implications for Business & Implications for Business & IndustryIndustry Facing an absolute skills & skilled employee gap Facing an absolute skills & skilled employee gap Recruiting, retraining, & retraining experienced Recruiting, retraining, & retraining experienced

workersworkers Redefining roles and job descriptionsRedefining roles and job descriptions

Implications for older workersImplications for older workers Re-skilling, re-careering, re-defining life-work Re-skilling, re-careering, re-defining life-work

balancebalance Transitioning into ‘the third age’Transitioning into ‘the third age’

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RetirementRetirement

Relatively recent phenomenonRelatively recent phenomenon Created during Great Depression to Created during Great Depression to

address unemployment of young address unemployment of young workersworkers

65 was longer than average life 65 was longer than average life expectancyexpectancy

Most boomers will not “retire” – want Most boomers will not “retire” – want to be productiveto be productive

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Plans for RetirementPlans for Retirement

68% of “retirees” plan to work & 68% of “retirees” plan to work & never “retire”never “retire”

53% plan to work for enjoyment53% plan to work for enjoyment 75% feel health benefits more 75% feel health benefits more

important than wagesimportant than wages

Source: AARP “Staying Ahead of the Curve, 2003”Source: AARP “Staying Ahead of the Curve, 2003”

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The Boomers Are:The Boomers Are:

HealthierHealthier More VigorousMore Vigorous Better EducatedBetter Educated

Page 16: New Aging Realities

The Boomers are:The Boomers are:

Motivated to:Motivated to: Use their knowledge, skills, Use their knowledge, skills,

assets productivelyassets productively Have better balance between Have better balance between

work, learning and leisurework, learning and leisure Find meaning and passion-give Find meaning and passion-give

back (Returnmentback (Returnment™*™*))

* Jay Bloom, “Work After Work,” 2004* Jay Bloom, “Work After Work,” 2004

Page 17: New Aging Realities

Six Key Values of Six Key Values of BoomersBoomers

A sense of belongingA sense of belonging Giving something backGiving something back Taking risksTaking risks EntitlementEntitlement Expectations of a good lifeExpectations of a good life ExperimentationExperimentation

Source: James Gambone, Source: James Gambone, ReFirement: A Boomer’s Guide to Life After 50 ReFirement: A Boomer’s Guide to Life After 50 ((2000)2000)

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New Phase of LifeNew Phase of Life

Between mid-life & true “old- Between mid-life & true “old- age”age”

Could cover 20-25 years after Could cover 20-25 years after

leaving primary careerleaving primary career

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Lifelong LearningLifelong Learning

PCC Senior Studies InstitutePCC Senior Studies Institute Lifelong Learning InstituteLifelong Learning Institute Membership OrganizationMembership Organization Self-Directed, Member LedSelf-Directed, Member Led

Community Education OptionsCommunity Education Options 53% of CED students are 40+ (N = 53% of CED students are 40+ (N =

4,442/ Av. Age = 42 4,442/ Av. Age = 42 (Winter 07)(Winter 07)

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Civic EngagementCivic Engagement

PCC Senior Service CorpsPCC Senior Service Corps Older Adult VolunteersOlder Adult Volunteers Assist Students & StaffAssist Students & Staff College WideCollege Wide

PCC Service-Learning InitiativePCC Service-Learning Initiative Engages students, faculty & staffEngages students, faculty & staff 100+ faculty teaching courses100+ faculty teaching courses 1,500+ students/year1,500+ students/year 400+ community partners400+ community partners

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TransitionsTransitions

Life by Design NW Life by Design NW supports people supports people as they age in discovering their as they age in discovering their passion and purpose and engages passion and purpose and engages their wisdom and skill to strengthen their wisdom and skill to strengthen the community and achieve personal the community and achieve personal fulfillmentfulfillment

A coalition of 9 community partnersA coalition of 9 community partners

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Life by Design NWLife by Design NW

Partners:Partners:

AARP OregonAARP Oregon Express Personnel Services Express Personnel Services Hands on Greater Portland Hands on Greater Portland Morrison Child and Family Services Morrison Child and Family Services Multnomah County Library Multnomah County Library NW Natural NW Natural Oregon Public Broadcasting Oregon Public Broadcasting Portland Community College Portland Community College Portland State UniversityPortland State University

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FOCUS GROUP RESULTSFOCUS GROUP RESULTS

A program should offer:A program should offer:

Personal, financial and health Personal, financial and health assessmentsassessments, counseling, help exploring , counseling, help exploring options, planning, options, planning, support in creating support in creating and implementing goalsand implementing goals and life plans and life plans

Access to continuing Access to continuing educationeducation Employment Employment assistanceassistance ResourcesResources for dealing with the challenges for dealing with the challenges

of agingof aging A place to A place to hang out with other peoplehang out with other people

like yourselflike yourself

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www.lifebydesignnw.orgwww.lifebydesignnw.org

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State-Wide EffortState-Wide Effort

State-wide collaboration to explore State-wide collaboration to explore strategic opportunities in agingstrategic opportunities in aging

To join this effort, contact us:To join this effort, contact us: Jan Abushakrah, Gerontology ProgramJan Abushakrah, Gerontology Program

503-977-4077, 503-977-4077, [email protected]@pcc.eduwww.pcc.edu/ger/www.pcc.edu/ger/

Neal Naigus, Office of the PresidentNeal Naigus, Office of the President503-977-4122, 503-977-4122, [email protected]@pcc.edu