Employers Are Hiring Boomers and More Job Trends to Know Now
Author: internet - Published 2019-12-22 06:00:00 PM - (296 Reads)Yahoo! Finance columnist Jordan Rosenfeld details some of the trends we should expect to see in the job market of 2020. For one, the fastest-growing demographic within the labor force will be boomers. He cites recent Bureau of Labor Statistics data in reporting almost 20 percent of Americans ages 65 and older were employed or actively looking for work this past year — an increase from just 10 percent in 1985. For older adults looking to start a new job, Rosenfeld urges them to focus on their experience when interviewing, not their age. "The benefit of extra years is extra time in the workforce, which often brings patience, understanding, and flexibility," he writes. "Talk those qualities up." Rosenfeld expects businesses to continue hiring more diverse candidates in the new year. After all, creating a diverse workplace is not just the right thing to do, research shows it's also the wise thing to do. A Boston Consulting Group study found that diversity can improve a company's bottom line by as much as 19 percent. Other predictions include: company culture will reign over cash, recruiters will use social media more, and more employers will offer remote work.