by Nomad
You aren't getting any younger, you know.
None of us are.
The American workforce is aging too.
In fact, according to the U.S. Bureau of Labor Statistics, as of this moment in time, one-third of the total U.S. workforce are 50 years or older and one in every five American workers is over 65.
Barring some unforeseen factor, this progression will continue and by 2050, the US Census predicts that roughly 19 percent of the total workforce will be over the age of 65 years, growing by 75%.
The bottom line is the American workforce is aging. This fact of life will become an increasingly important consideration in business management in the next decades.
The question for management is how will this shift in worker ages affect the labor performance and how can the highest level of performance be maintained.
