Baby Boomers segment of U.S. workforce expected to grow 61% over next decade, outpacing overall 5.5% growth.
Glassdoor reports that baby boomers (born 1944 – 1964) are the fastest growing segment of the U.S. workforce. A Pew Research Center analysis of official labor force data indicates that in 2018, 29% of Boomers ages 65 to 72 were working or looking for work, significantly outpacing prior generations who averaged 20% at the same age…
Read NowSalaries Expected to Rise Slightly in 2020
While forecasts of 2020 economic performance indicate caution, Korn Ferry predicts a slight increase in salaries for the coming year. In the US, an average 3% pay increase is predicted, which is the same as the prior two years. Adjusted for the expected 1.6% inflation rate in 2020, the real wage increase is forecast to…
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