3 million older Americans can’t find high-paying jobs, and it has nothing to do with skills. Here’s the one barrier they face that no one’s addressing.

The American workforce is getting older, forcing new discussions on how to get these workers educated in skills needed for high-paying jobs.

Older workers, aged 55 and over, represent the fastest growing labor group in the US. By 2024, nearly 1 in 4 people in the labor force will be age 55 or over, according to the US Department of Labor. The increased workforce participation from older workers results from both increased lifespans, and financial constraints: nearly half of households headed by someone 55 or older has nothing saved for retirement.

Currently, 3 million older adults are looking for full-time employment, Emily Allen, senior vice president for programs at AARP, told Business Insider. Many individuals seeking full-time might be part-time, or in low-wage jobs with limited growth opportunities.

Business Insider