In a recent study released by the National Council on Compensation Insurance it was revealed that the longheld belief that older workers increase the costs of workers compensation is less true than ever.  In fact, claims frequency has fallen among all age groups of workers, and older workers' claim costs were comperable to other age groups.  The study did acknowledge that older workers tend to earn higher wages, and that the level of compensation for this age group was reflected in this fact. 

The study also revealed that among all age groups, workers aged 55 to 64 increased their share of the workforce by 5% in the past year, and now hold 15% of available jobs.  Worker aged 15 to 24 dropped their share by 4%, and presently hold 15% of available jobs as well.

To read the entire study report (Released December 2011) click here:  https://www.ncci.com/documents/2011_Aging_Workforce_Research_Brief.pdf