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Labor pool faces drought conditions: coping with the prospect of worker shortages. (Selected Topic).
In six short years, the nation's boomers--that generation born between 1946 and 1964--will begin to reach early retirement age and trigger a mass exodus from the workforce, challenging the traditional recruiting and retention strategies of every enterprise.
Savvy executives from every sector of the economy are coming to the uneasy realization that the days of an abundance of workers are all but over. To remain viable in the future, businesses will be competing feverishly for a new generation of workers that look and act radically different from today's workforce.
"Business leaders must determine how they will accomplish increasingly more difficult tasks ...
- Older Workers: Policies of Other Nations to Increase Labor Force Participation.
- General Accounting Office Reports & Testimony March 1, 2003 700+ words
...of older worker labor force participation in...the importance of older workers. The experiences...extending older worker labor force participation...lead to higher labor force participation of older workers. Japan is facing...
- Older workers staying in labor force make dependable employees.
- Newspaper article from: Times-News (Twin Falls, Idaho) August 19, 2005 700+ words
...growing number of older workers -- has no intention of leaving the labor force, grandkids or...reason to encourage older workers to stay in the labor force as long as they...the benefits of older workers and are pushing...
- Older workers have a place in labor force
- Newspaper article from: Chicago Sun-Times George Munoz July 17, 1988 700+ words
The free market system can be cruel at times. As you get older, the system is geared to push you out of the labor force to make room for younger and cheaper workers. It is difficult to keep a job after the age of 55, let alone beyond 65. You...
- Few employers tapping into pool of experienced older workers.
- Newspaper article from: Chicago Tribune (via Knight-Ridder/Tribune News Service) February 19, 2002 700+ words
...remain in the labor force. Older workers are less likely...to retire, older workers shouldn't...group. Total labor force growth is expected...age 55 in the labor force in 2000 out...rely more on older workers, they also...
- Despite Expected Labor Shortages, Few Employers Are Seeking Older Workers.
- Newspaper article from: Chicago Tribune (Chicago, Illinois) (via Knight-Ridder/Tribune Business News) February 20, 2002 700+ words
...remain in the labor force. Older workers are less likely...to retire, older workers shouldn't...group. Total labor force growth is expected...age 55 in the labor force in 2000 out...rely more on older workers, they also...
- Studies helping disprove myths about older workers
- Newspaper article from: Chicago Sun-Times Ken Dychtwald April 23, 1989 700+ words
...human resource directors assume that older workers pose a health risk, in fact, older workers have fewer on-the-job accidents...hazard. Making up 13.6 percent of the labor force, older workers only account for 9.7 percent of work...
- Employment and Training: Most One-Stop Career Centers Are Taking Multiple...
- General Accounting Office Reports & Testimony May 1, 2008 700+ words
...the same time, labor force growth is expected...retain existing older workers or attract additional...disincentives for serving older workers who are more likely...capital planning, Labor force, Labor shortages, Older workers, Performance appraisal...
- Older workers: employment and retirement trends.
- Magazine article from: Monthly Labor Review Purcell, Patrick J. October 1, 2000 700+ words
...decisions of older workers have an impact...size of the labor force, which has...data on the labor force participation of older workers. This discussion...number of older workers and a relative...entrants to the labor force. In 2000...
Source: HighBeam Research, Labor pool faces drought conditions: coping with the prospect of...