We’ve all seen the headlines! The Baby Boomer generation is nearing retirement and fewer younger workers are entering the workforce to take their place.
In Seattle-King County alone, the upper age range of the workforce - ages 55 to 64 - is projected to increase from 11% to 16% by 2010. The rise in the number of workers getting closer to retirement requires preparation if we are to avoid labor shortages and pass knowledge and skills on to the next generation.
Companies need new strategies to attract and retain older, more experienced workers. The rewards are great - continued company vitality, growth and keeping your company’s competitive edge in today’s marketplace!
The Aging Workforce, a State of the Workforce Report published in 2006 by the Workforce Development Council of Seattle-King County, tells the full story of this significant demographic shift and how it affects the local economy.
Click Here to read the report and see how the trend impacts your industry. |