“Aging Baby Boomers are Continuing to Impact the Composition of the American Labor Force,” by EBRI, Advisor Magazine

Quote:

“New research from the Employee Benefit Research Institute (EBRI) shows that the baby-boom generation has created a wave of sorts moving through the American labor force for the last four decades. As boomers have entered each age demographic, that group has become the largest component of the population and of the labor force. Now, as the last of the Baby Boomers enter their mid 50s, and as they are living longer than prior generations, their impact on the age of the American population and labor force is unmistakable.”

LTC Comment (from Stephen A. Moses, Administrative Coordinator, Center for Long-Term Care Reform):

Interesting data on boomers’ labor-force impact. “Read the entire Aging Report here.”

Aging Baby Boomers are Continuing to Impact the Composition of the American Labor Force

#boomers
#goldencareagent