From manufacturing publication Industry Week, Jeff Shane, calls out the impact of older workers on the overall workforce in his employment trends for 2018.
An increasingly aging workforce will have ramifications for employees of all ages.
While much is made of Generation Y and Z employees, the overall workforce is continuing to age, with baby boomers retiring later than their generational predecessors. About three in every four Americans plan to work past retirement age, with almost two-thirds projected to work part-time.
The population of seniors in the U.S. is expected to more than double from 41 to 86 million between now and 2050.
As baby boomers maintain their leadership positions, it will be more challenging for younger workers to achieve promotional opportunities and could lead to higher turnover levels.
Link to the full article: 5 Employment Trends For 2018
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