As a unified voice concerned about the future of our workforce, GradStaff and XYZ University have authored this downloadable report (PDF) to examine the aging of U.S. workforce and bring to light the challenges it presents to businesses, industries, and the U.S. economy as a whole.
An estimated 78 million Baby Boomers will file for retirement benefits over the next 20 years – an average of 10,000 per day. The aging of this huge cohort of Americans (40% of the total U.S. workforce are Baby Boomers) will dramatically change the composition of the country.
This report highlights four of the oldest industries in America, but this is only a snapshot; many industries and most companies—large and small—are grappling with the same shortages of skilled labor, dwindling talent pipelines, and a loss of critical knowledge.
The report also features recommendations for improving the odds of talent succession, which is a direct line to global competitiveness and economic prosperity in the United States.
Our hope is that this report can be a guide for employers to fully understand the urgency of the situation and immediately commence the development of strategies to ensure they will have the talent, expertise, and leadership necessary for their future success.
Trouble downloading the report? Please email Sarah Sladek for assistance or call 763.773.5463
Report Authored By:
Sarah Sladek is the CEO of XYZ University, one of the only management-consulting firms in the U.S. solely focused on helping organizations stay relevant to, and engage the talent of, Generations X, Y, and Z. As the author of three books and several research projects on generations, and the founder of a national business conference addressing the talent gap, Sarah has become a sought-after speaker and consultant to organizations worldwide.
Bob LaBombard is the CEO of GradStaff, a national expert in the entry-level professional job market. Serving a nationwide client base, GradStaff offers an outsourced college recruiting program to help clients hire top-notch college grads for entry-level professional positions. The GradStaff business model is a very efficient way to implement a college hiring program, is proven to deliver long-term retention, and is a key component of many succession planning strategies.