The Economic Times

OECD faces $500 billion productivity hit by 2040 as ageism keeps older workers sidelined: WEF

Ageism may cost OECD economies nearly $500 billion in productivity losses by 2040. Older workers face longer unemployment spells and structural barriers pushing them out. Demographic shifts show a significant increase in the global elderly population. Multigenerational teams can boost creativity and innovation while sharing skills. Tackling ageism offers economic benefits and utilizes valuable experienced workers.