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Stretching your dollar: Older workers keep on going

Folks in their 60s and 70s are jumping at the chance to work again as companies struggle to find qualified workers.
GF Default - Stretching your dollar: retirement

TOLEDO (WTOL) - With unemployment rates at a record low, more and more older workers are putting off retirement, and some are even coming back to work.

The number of older workers has been on the rise since at least the mid-1990s, according to the Bureau of Labor Statistics.

At Sauder Funeral Products Plant, for instance, there are plenty of work getting done by senior employees.

“You get consistent attendance, they’re great workers, they understand the work ethic that’s required and how a great opportunity for us to get labor when it’s been hard to get labor,” Tom Warner with Sauder Funeral Products said.

Funeral services has been growing for 12 years already. In fact, business has been booming as Sauder ships a hundred caskets a day.

And older workers safe Sauder money since they don’t have to provide for their insurance. Besides, they have the experience and qualification.

The reasons to keep on going vary for the workers.

There is the social benefit of working.

“ I just like to be with other people, you get around town and have a little more spending money and that kinda stuff,” Sam Grime, who has worked for 21 years at Sauder, said.

"I like the guys I work with, we get along great, we have communication, easy job it’s important but easy, I just enjoy my work now,” Bob Fowler, who has been at Sauder for 28 years, said.

Another long-time worker came back to Sauder after retirement because of the extra money.

"My wife says I play too much so I need extra funds coming in.. so we’re back here for now and I enjoy my 3 days here but like my Thursdays-Fridays off!” Marv Wheeler, who worked for Sauder in the 70s, 80s and is now back, said.

And the are the ones who just wanted to keep busy.

“You have to have something worthwhile getting up for just to get up and go and the rest of the time just take it easy,” Jay Markbeck, who’s been at Sauder for 49 years, said.

“They value what you do.. they ask for ideas and listen to your life experiences and what you can add to the process,” James King, who started at Sauder in 1964, said.