Workers 55-Plus To Outnumber Younger Employees For The First Time
Whether out of economic need or simply a desire to continue working, many baby boomers aren't leaving their jobs anytime soon.
In fact, so many workers 55 and older are staying in the workforce, The Atlantic reports, that by year's end their numbers will surpass those who are aged 25 to 34. And the trend is expected to continue for the foreseeable future -- until 2020.
Older workers' expected dominance in the labor market can also be attributed to the inability of many Generation Yers to find full-time work or a job at all. Others have returned to school, hoping to ride out the tight job market, further reducing the number of younger workers participating in the workforce.
Having fewer Gen Y workers entering the workforce may help reduce the tension that experts say exists between them and their older counterparts.
That resentment stems from the generations' opposing views on work, diversity consultant Shirley Engelmeier recently told The Wall Street Journal. Baby boomers came of age at a time when young workers were still expected to pay their dues and slowly climb a career ladder, and view their younger colleagues as "impatient" and "entitled," she says.
But Gen Y is taking a different approach. Frequently more tech-savvy and entrepreneurial in their thinking, 20- and early 30-somethings aren't concerned about being loyal to one company, and instead expect to work for many employers during their lifetimes.
Still, with boomers forecast to maintain a strong presence throughout the remainder of the decade, both groups would be well served if they simply tried to get along.
As Engelmeier told the Journal, Sticking to stereotypes and assumptions "will only get in the way of what could otherwise be great working relationships."
Don't Miss: Companies Hiring Now
More From AOL Jobs
- Top Mistakes Generation Y Makes At Work
- Generation Y: Spoiled And Oozing Attitude?
- Boomers Retiring Earlier Than Expected, Cite Bad Health, Job Loss
Looking for a job? Click here to get started.
David Schepp has spent more than a dozen years covering business news for the electronic and print media, including Dow Jones Newswires, BBC News, Gannett Co., and most recently at AOL's DailyFinance. Nearly 10 years ago, he started writing a weekly People@Work column, looking in depth at issues facing workers in today's workplace. The syndicated column appeared in newspapers and websites nationwide before it made its debut on DailyFinance in 2010. Schepp now continues that tradition at Aol Jobs, covering the jobs beat and providing readers insight and analysis into the nation's challenging employment scene.
Schepp holds a Bachelor of Arts degree in journalism from Metropolitan State College of Denver.
Follow David on Twitter. Email David at firstname.lastname@example.org. Add David to your Google+ circles.