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Posts Tagged ‘U.S. Bureau of Labor Statistics’

Bridging the Generation Gap at Work

Monday, October 11th, 2010

Talk about staggering statistics – two years ago, the U.S. Bureau of Labor Statistics reported that 25 million employees planned to leave the workforce by 2010. Of these workers, 22 million are at least 45 years of age and leaving due to retirement. Where will the nation draw new workers to bridge this gap? 

generation-gapUnfortunately, a recent report by the Center on Aging and Work indicates more than 25 percent of U.S. businesses have done little to plan for the effects of this aging workforce including finding suitable replacements.

There are approximately:

75 million Traditionalists
76 million Baby Boomers
44 million Generation X members
80 million Generation Y members

In this month’s “Tomorrow’s Business Advice Today,” Sojourn Partners Managing Partner Dr. Russ Ouellette DM explores how the United States can begin addressing the generation gap in the workplace to ensure economic vitality for years to come. Check it out at http://www.nheconomy.com/tomorrows-business-advice-today/.