Introduction: The Aging Workforce: Challenges for Societies, Employers, and Older Workers
Maximiliane E. Szinovacz
Abstract
Maximiliane E. Szinovacz
Abstract
The aging of the baby boom cohorts poses challenges for societies, employers, and the baby boomers themselves: Will societies be able to sustain an exponentially increasing number of retirees and older workers? Will employers be prepared to accommodate an aging workforce, especially in times of economic recession? Will aging baby boomers desire and be able to postpone retirement and remain in their career jobs or seek bridge employment or be forced to do so out of financial necessity?
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The aging of the baby boom cohorts poses challenges for societies, employers, and the baby boomers themselves: Will societies be able to sustain an exponentially increasing number of retirees and older workers? Will employers be prepared to accommodate an aging workforce, especially in times of economic recession? Will aging baby boomers desire and be able to postpone retirement and remain in their career jobs or seek bridge employment or be forced to do so out of financial necessity?
Key concepts: Baby boomers, Baby boom, Aging in the American workforce, Workforce, Recession, Boom, Labour economics, Great recession