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    « Employee/organization fit generates big gains in profit and reductions in turnover for small businesses | Main | HR Costs Increase 6 Percent a Year »

    July 19, 2007

    Aging Bubble Leads to Global Perfect Labor Storm

    Did you know......

    7,918 people turn 60 each day.

    ........That amounts to 330 every hour.

    The number of U.S. people age 55 and older will increase 73% by 2020.

    .......The number of younger workers will grow only 5%.

    There are now more people over 90 or 100 years old than in all of American history put together.

    ........By 2050 the number of centenarians will outnumber the current populations of cities such as Baltimore, Indianapolis, San Francisco, Boston or Denver.

    The 50 and older population in the U.S. from 2000-2050 will grow at a rate 68 times faster than the rate of growth for the total population.

    Almost 90% of the net increase in the traditional working age population is projected to occur in the age 55-64 group.

    Over the next 15 years, 80 % of workforce growth in developed economies of North America, Europe and Asia will occur among people 50 years and older.

    Trends and stats like this are just an inkling of the information you'll find in the revised, updated and expanded Perfect Labor Storm 2.0.  Keep watching this blog for more announcements about the book release and updated Perfect Storm Indicators or visit www.perfectlaborstorm.com.

    Ira S. Wolfe, the author of Perfect Labor Storm and Perfect Labor Storm 2.0, is now scheduling keynotes and presentations for 2008 and 2009.  A few dates remain for fall 2007.  To schedule Ira to speak at your next meeting or event, call 800.803.4303 or email him direct at iwolfe@super-solutions.com

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    Comments

    Great post. This is a topic of growing importance.

    Please check the article Ten Important Truths About Aging just published in The Complete Lawyer, http://www.thecompletelawyer.com/volume3/issue4/article.php?ppaid=3811, and co-authored by renowned neuroscientits Dr. Elkhonon Goldberg and myself:

    Aging Means Lifelong Development, Not Automatic Decline
    Some Skills Improve With Age
    Some Skills Need To Be Continuously Nurtured And Trained
    Not All Instances Of Forgetting Are Of Equal Concern
    We Are In Control, To A Large Extent
    There Are Four “Pillars Of Brain Health”
    Cross-Training Our Brains Builds Up Cognitive Reserve
    Computer-Based Brain Exercise Programs Can Help
    Embrace “Good” Stress; Eliminate “Bad” Stress
    Retirement Is Overrated

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