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Wednesday
May 26th

Job glut coming: Baby boomers have to fill those 14.6 million slots

The job glut is coming. That's what policy experts Barry Bluestone and Mark Melnik predict in their just-released study After the Recovery: Help Needed.

Between 2008 and 2018, the study claims 14.6 million additional non-farm jobs are being created. To fill them America turns its eyes to the 76 million Baby Boomers born after World War II. Already human resources departments are designing age-friendly practices to attract, retain, and promote Baby Boomers in what might be called The Gray Revolution.

"And many of us Baby Boomers are pulling out all stops to spot, pounce on, and exploit those emerging opportunities," says Jane Genova, author of "Over 50: How We Keep Working."

Genova guides her fellow Baby Boomers on being able to stay in the workforce "on our own terms."

Currently, one in three in the workplace is over 50 (Source: U.S. Chamber of Commerce.)

For most workers, whether they be aging or young, on a payroll or self-employed, the lion's share of paid employment will take the form of just-in-time assignments. Genova stresses that those will straddle all collars: White, blue, pink, gray, gold, and no. Increasingly, America is less class-conscious about the status implications of work and more on if a particular assignment or even job can be leveraged to keep earning a good living.

— ANDY LAGOMARSINO, NEWJERSEYNEWSROOM.COM

 

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