More Older Adults in Workforce; Baby Boomers Fastest-Growing Segment
Author: internet - Published 2019-11-14 06:00:00 PM - (254 Reads)A Glassdoor study found baby boomers are the fastest-growing segment of the U.S. labor force, reports Staffing Industry Analysts . That segment is expected to expand 61 percent over the next 10 years, while the total U.S. workforce is forecast to grow 5.5 percent. "They are healthier, work in physically less-demanding jobs, and are more in need of retirement income than previous generations — all forces which are keeping seniors in the workforce longer," Glassdoor said. Glassdoor Chief Economist Andrew Chamberlain added in a blog post that this explosion "is also likely to surface new challenges — most importantly, rising ageism in the workplace — that employers will be under increasing pressure to combat." Glassdoor suggested older workers can bring a large set of skills and experience to jobs, and studies indicate that older employees are just as amenable to learning and development as their younger counterparts.