The League of Iowa Human & Civil Rights Agencies

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Despite warnings, U.S. companies remain unprepared for Baby Boomers' exodus

Posted by Iowa Civil Rights Commission on November 19, 2009 at 7:38 PM

With millions of Baby Boomers poised to age out of the workforce, U.S. companies remain unprepared for an imminent talent drain that threatens to alter the national economy, according to a new report by the Sloan Center on Aging & Work at Boston College. Nearly 70 percent of the almost 700 organizations surveyed do not yet know how old their workers are or how many are likely to retire. Forty percent reported that the aging of the workforce will have a detrimental impact on their businesses by 2012.

 

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Categories: Employment, Baby Boomers

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