Resources - Mature Market Headlines

Baby Boomers Will Spend Golden Years at Work

MSNBC, 8/8/07

Abstract:

In the next decade or so, the U.S. workplace will be transformed with an explosion of flexible work schedules and a host of technologies that will make work tasks easier.

What will cause these changes? A boatload of middle-aged workers.

That's right, by 2020, there will be more 55-plus workers grinding away than at any other time in our history. As a result, labor experts foresee a rush by the nation's businesses to accommodate the aging workforce.

But it won't all be milk and honey. Generational differences in the workplace are expected to rise, there will be unprecedented shortages in many industries as large proportions of the workforce retires, and we many also see more workers getting sick on the job, with a possible rise in strokes and heart attacks as they age.

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