Did you know it is predicted that there will be a future shortage of trained workers for key jobs? Do you know about the “Knowledge Pool”? Both will impact your business. Read more… (188 characters)
Boomers have impacted all walks of life. Most are moving swiftly toward the typical age to retire. Most, however, will not fully retire, preferring to remain in the workforce to stay active in or connected to their professions. Other reasons include mental engagement and the need for income. It is society’s best interest to keep Boomers at work due to a future shortage of workers, they hold the knowledge of businesses and industries where they work, and they mentor to the younger generations.
“Workplace experts predict that there will be a future shortage of trained workers for key jobs in a broad swath of professions from education to engineering to healthcare and beyond. Older workers will need not only to stay on the job, but have core training to stay relevant.” (Kerry Hannon, Forbes) Plenty of jobs will be created between now and 2030, as Boomers leave the workforce without enough workers to replace them. So older workers will need to stay on the job needing some training to stay relevant. It has been suggested that the government and private employers pay for the training. Some Boomers are willing to pay for it themselves, which could be offered reasonably through the community college system.
The U.S. has an abundance of out-of-work and underemployed workers age 50+. This is due to the recent recession and resulting business downsizing. Many of these workers hold the key to business success because of their knowledge, most having 30+ years of job experience. They understand business hierarchy; how to navigate and communicate within the corporate environment. American businesses can take advantage of this “Knowledge Pool” when they turn to older workers that want to work and who will also mentor younger workers.