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07/24/2006

Retiring Baby Boomers and job hunting

Baby_boomers Just as the United States is emerging from its recession, a major
event is poised to erase all the productivity gains of the past few years and cripple growth across every sector of the economy—baby
boomers are retiring in unprecedented numbers.

With 76 million baby boomers heading toward retirement, the United States is facing
a mammoth talent crunch. In the very near future, there will be 15
percent fewer Americans in the 35- to 45-year-old range than there
are now. At the same time, the U.S. economy is likely to grow at a rate
of 3 percent to 4 percent per year. Who will do the work? Will more
jobs be offshored?  Are you smart enough to figure out by yourself which jobs won't be offshored?

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