In 2002,
The New York Times formed, in collaboration with Monster.com, an entity “to focus attention on key issues and trends affecting the recruiting industry.” The entity is called “job market research.” Its stated goal is to keep abreast of hiring practices in key industries. The methodology they use is to commission third parties to conduct surveys of employers on seminal issues.
A recent survey conducted by Hewitt Associates focused on diversity. Of interest to us, and perhaps to our blog readers, is a section in it called, “The Aging Workforce.”
Specifically, the survey found that by 2010, the U.S. workforce will:
- Increase by 29% in the 45-64 age group
- Increase by 14% in the 65+ age group
- Decline 1% in the 18-44 age group
Good news for those of you who, like too many of us, are gaining senior status among our youthful colleagues. As George Bernard Shaw famously said, “Youth is a wonderful thing. What a crime to waste it on children.”