Tag: losing experienced workers

What are You Doing Stay Ahead of an Aging Workforce?

November 10, 2015 | By | Add a Comment

You’re not the only one who’s getting older. We live in a country with a median age that’s some 10 years older than it was just 40 years ago. The “Baby Boomer” generation is reaching retirement age in droves. According to Gallup, only one-third of Baby Boomers, those born from 1946-1964, remain in the workforce today. The importance of this trend cannot be ignored as a predictor of vast changes in the workforce today, in the near and distant future. (Could this trend be one of the reasons certain European countries are welcoming refugees?) Beyond the obvious trend of the US workforce getting younger, and therefore less experienced, it’s clear that it is also shrinking. The labor force participation rate […]

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