For the Boomers
1946 – 1964. People born during these years are known as Baby Boomers and in 2010 4,000,000 will turn 50! Bill Geist says in his book “The Big 5-Oh” that another boomer turns 50 every 7 seconds! So who cares? Well apparently lots of statisticians and economist because Baby Boomers are a substantial portion of the work force in America today. Those born in 1946 are approaching the magic number of 65 and have or will be retiring in the next few years.
So this brought two things to mind. Their jobs will be vacant and they may (in this economy) need to continue to work. The Star Ledger on Sunday, July 4th had an interesting article about the void that boomers are going to leave in certain market sectors and may decide to re-enter the work force in other areas. According to Civic Ventures and MetLife Foundation suggest that “workers over 55 have the skills and motivation to bridge labor gaps in education, health care and the “green economy”. The article further suggests that this group will fill gaps in jobs not yet defined by the dictionary of occupational titles. Non-traditional, not 9-5 and more entrepreneurial.
So let’s get to thinking boomers what place can we find in economy 2010 and into the future?