5 Realities of an Aging Workforce

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5 Realities of an Aging Workforce

An aging workforce is quickly becoming a reality with projections as early as 2016. From 2016 on, one-third of the total U.S. workforce will be over the age of 50. Although millions of “Boomers” are hitting the official retirement age of 65 over a very short time period, the average actual retirement age is also steadily increasing.

The combination of these two trends means that employers will likely be facing two seemingly contradictory scenarios: the mass retirement of long time employees as well as an increasingly large proportion of older employees in the workforce.
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