“Generation Unretired” according to this BusinessWeek.com article. That is a new term to me. According to the article: The AARP says that 8 out of 10 baby boomers will work part- or full-time past retirement age. That’s 64 million unretiring Americans, the biggest demographic shift in the American workforce since WWII—and 93% of the growth in the American labor market from now until 2016, according to the Pew Research Center. This trend is one that has been in the making for some time. The current recession and housing bubble burst has only exacerbated the trend. Clearly there will be new management techniques needed to handle the Gen U employees. The… Read More
Continue ReadingAdjusting A Sales Process For This Recession
The thought of retiring is going to be a novel idea in the near future, at least according to a new abcnews.com poll. In a recent survey of Americans (my bold): Half the population in this new ABC News poll thinks both job security and retirement prospects in the years ahead will remain worse than their pre-recession levels. Four in 10 also see worsened prospects for the availability of jobs and advancement, and, consequently, their own spending power. No surprise there. The second aspect regarding worsened prospects for the availability of jobs is phrased in a negative manner. However, it is only 40%. This effect occurs in these difficult economic… Read More
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