Resources - Mature Market Headlines

Boomers, Gen Yers Mix it Up

The Boston Globe, 9/9/07

Abstract:

They wear flip-flops to work, reveal personal information online, and see no reason why their work schedules can't be flexible.

Ladies and gents, please welcome Generation Y now tap dancing around their boomer managers in the workplace.

The mixing of these two groups — with Gen Xers wedged in the middle — is one of the hottest human resource topics, as employers struggle to attract and keep the valuable but unharnessed young talents of Generation Y. All eyes are on this emerging group who are destined to replace an aging workforce and match work culture to their cyber-hip lifestyle. But like all newcomers, Gen Yers have a thing or two to learn about fitting in before they turn things upside down...

Right now America's workforce continues to get grayer: By next year, when the oldest of the boomer generation turns 62, the median age of the workforce is expected to rise to 40.7 from 38.7, according to the Bureau of Labor Statistics. Those older workers are soon to be leading an exodus into retirement that will put pressure on employers to find younger replacements.

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