The Double-Edged Sword: Demographic Challenges and Opportunities in the 2023 Labor Market

Jul 18, 2023Recruiting Daily
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This article discusses the 2050 labor market, examining both the challenges and the opportunities that employers could face in the years ahead. It focuses on the projected growth of the 65+ year old population and highlights the difficulties employers may have if they fail to adapt their practices to the changing demographics. It additionally explains the major benefit to employers- a larger pool of experienced workers- and encourages companies to look for creative solutions to harness intergenerational talent to their best advantage.