There's a seismic shift happening in the U.S. workforce — one that's been happening steadily for more than a decade. Baby boomers (born 1945-1964) are ageing out of the workforce, and while generation X (born 1965-1976) are filling the gaps, there are far fewer of them.
Here's the scary thing: no industry is immune. We are certainly bracing for it in the insurance industry, and so are many of the industries that we serve. That's why the insurance industry is in a unique place to help clients prepare and manage risks associated with their own aging workforces and recognize the importance of bringing their next generation of workers up to speed quickly and efficiently to help reduce risks now and in the future.
Up and coming
A recent survey by Pew Research shows millennials have surpassed generation X in the U.S. workforce at 53.5 million members. This is a big deal for every industry.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
