An older workforce and Virginia jobs
Posted on April 8, 2017
One city has a growing senior workforce, which may have a future impact on Virginia jobs.
CareerBuilder is out with a new study that explores employment trends for the 100 most populous U.S. cities, tracking how the shares of workers ages 22 to 34 and ages 55 and older have changed from 2001 to 2016. Topping the list for cities aging the fastest is North Port, FL, while Madison, WI, takes the lead for cities who are experiencing the biggest infusion of millennials into their workforce.
- North Port, FL (North Port-Sarasota-Bradenton), has experienced the greatest increase in the share of workers ages 55+ from 2001 to 2016, followed by Oklahoma City, OK, Virginia Beach, VA, Sacramento, CA, and Spokane, WA. In addition to North Port, FL, seeing the greatest increase in share of workers ages 55+ from 2001 to 2016, it also saw the greatest decrease in millennials over the same period.
- Madison, WI, has experienced the greatest increase in the share of workers ages 22-34 from 2001 to 2016, followed by El Paso, TX, Colorado Springs, CO, Allentown, PA, and Austin, TX.
- Looking at more recent years, Madison, WI, and Colorado Springs, CO, experienced the greatest influx of millennial workers since 2011. August, GA, Palm Bay, FL, and Nashville, TN, round out the top five.
- Among the 10 most populous cities, San Francisco, CA, New York, NY, and Atlanta, GA, saw the biggest increase in millennials since 2011.
- North Port, FL, has the largest overall share of workers ages 55+ (25.8%), followed by New Haven, CT (24.9%), Pittsburgh, PA (24.7%), Hartford, CT (24.4%), and Deltona, FL (24.4%).
Cities Aging the Fastest Since 2001
|City||Total Population in 2016||Share of Workers Ages 55+ in 2016||Change in Share of Workers Ages 55+ from 2001 to 2016|
|North Port, FL||779,799||25.8%||1.5%|
|Oklahoma City, OK||1,376,790||21.0%||1.5%|
|Virginia Beach, VA||1,734,618||19.5%||1.3%|