24
Oct

Is Your Business Ready to Ride the “Silver Tsunami”?

Industry experts have described the quickly approaching retirement of baby boomers as the Silver Tsunami. Reports indicate the manufacturing sector could lose up to 40% of its skilled employees by 2024 (Industry Week, 2018). Eighty percent of companies acknowledge this is an issue, but less than 31% are actively taking steps to counteract the problem. It is estimated that there will be a 5-Million-person shortage for qualified jobs in the United States by 2026. [Source: Senate Special Committee on Aging, United States Senate Report 2017] Read more