Saturday, September 13, 2008

The Aging Workforce

"The Aging Workforce" was one trend cited in the January/February 2006 issue of "Office Solutions" magazine as a trend of the future.

The article notes:

According to an article on the website HireStrategy.com, about 15 percent of the U.S. workforce is age 55 or oder, with this figure expected to increase to 17 percent by 2010. By 2012, one in five American workers will be age 55 or oder.

Similarly, the U.S. Bureau of Labor Statistics predicts that more than 25 percent of the working population will have reached retirement age by 2010, leaving a potential worker shortage of close to 10 million.

How will this affect your clients? As the pool of prospective employees shrinks, employers will need to attract and retain mature, experienced employees. This will be reflected in their recruitment and training strategies -- and the workplace will have to adapt to become more flexible and stimulating to this audience.

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