The tech industry is getting younger, with a growing share of workers under 25 and a shrinking number over 40. This trend is sparking concerns about ageism in hiring and promotions.
For years, there's been a perception that tech favors young, fast-moving talent. This is supported by new data from the Equal Employment Opportunity Commission (EEOC). The report shows a significant gap between tech and other industries:
- Nearly 41% of tech workers are aged 25-39, compared to 33% in the overall workforce.
- The number of tech workers under 25 grew by 9% annually from 2014 to 2022, over 20 times faster than young workers across all industries.
- Workers over 65 remain a tiny minority in tech, unlike other sectors.
The report also reveals a higher rate of age discrimination charges in companies with many STEM jobs (including tech). This validates the suspicions of many experienced workers who feel overlooked.
While the exact cause remains unclear, the trend coincides with recent tech layoffs. More than 130,000 tech workers lost their jobs globally this year, with some lawsuits alleging age bias in these cuts. John Rizzo, a 60-year-old job seeker, describes the challenges he faces despite a strong resume.
The consequences of ageism go beyond fairness. Studies show that age-diverse workplaces have higher employee satisfaction, lower turnover, and potentially better productivity. This benefit cuts across generations, bringing together diverse knowledge, perspectives, and networks.
The fight against ageism requires further investigation and potentially legal action against discriminatory practices. Ultimately, a diverse and inclusive tech workforce with a mix of experience and fresh ideas benefits everyone involved.