📉 The Impact of an Aging Workforce on Manufacturing 📉 Nearly one-fourth of the manufacturing workforce is aged 55 or older, signaling a looming labor shortage as baby boomers retire. Attracting and retaining skilled workers has become one of the top challenges for the industry. How is your company planning to address this demographic shift? 🔗 Read more: https://hubs.ly/Q02BXrFk0 #AgingWorkforce #Manufacturing #LaborShortage #EastridgeWorkforceSolutions #TalentManagement
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Even with a slightly increased U.S. workforce participation rate reported by the Labor Department in 2023, baby boomers are retiring in record numbers and the ranks of younger workers are harder to retain. The result: Not enough new workers are entering the workforce to keep up with demand as baby boomers retire. #workforce #labor #employees
Employers and US Labor Shortages
53.com
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VP, Treasury Management Officer at Fifth Third Bank | Leadership Cincinnati Class 46
Even with a slightly increased U.S. workforce participation rate reported by the Labor Department in 2023, baby boomers are retiring in record numbers and the ranks of younger workers are harder to retain. The result: Not enough new workers are entering the workforce to keep up with demand as baby boomers retire. #workforce #labor #employees
Employers and US Labor Shortages
53.com
-
Even with a slightly increased U.S. workforce participation rate reported by the Labor Department in 2023, baby boomers are retiring in record numbers and the ranks of younger workers are harder to retain. The result: Not enough new workers are entering the workforce to keep up with demand as baby boomers retire. #workforce #labor #employees
Employers and US Labor Shortages
53.com
-
Even with a slightly increased U.S. workforce participation rate reported by the Labor Department in 2023, baby boomers are retiring in record numbers and the ranks of younger workers are harder to retain. The result: Not enough new workers are entering the workforce to keep up with demand as baby boomers retire. #workforce #labor #employees
Employers and US Labor Shortages
-
Even with a slightly increased U.S. workforce participation rate reported by the Labor Department in 2023, baby boomers are retiring in record numbers and the ranks of younger workers are harder to retain. The result: Not enough new workers are entering the workforce to keep up with demand as baby boomers retire. #workforce #labor #employees
Employers and US Labor Shortages
53.com
-
Even with a slightly increased U.S. workforce participation rate reported by the Labor Department in 2023, baby boomers are retiring in record numbers and the ranks of younger workers are harder to retain. The result: Not enough new workers are entering the workforce to keep up with demand as baby boomers retire. #workforce #labor #employees
Employers and US Labor Shortages
53.com
-
Even with a slightly increased U.S. workforce participation rate reported by the Labor Department in 2023, baby boomers are retiring in record numbers and the ranks of younger workers are harder to retain. The result: Not enough new workers are entering the workforce to keep up with demand as baby boomers retire. #workforce #labor #employees
Employers and US Labor Shortages
53.com
-
Even with a slightly increased U.S. workforce participation rate reported by the Labor Department in 2023, baby boomers are retiring in record numbers and the ranks of younger workers are harder to retain. The result: Not enough new workers are entering the workforce to keep up with demand as baby boomers retire. #workforce #labor #employees
Employers and US Labor Shortages
53.com
-
Even with a slightly increased U.S. workforce participation rate reported by the Labor Department in 2023, baby boomers are retiring in record numbers and the ranks of younger workers are harder to retain. The result: Not enough new workers are entering the workforce to keep up with demand as baby boomers retire. #workforce #labor #employees
Employers and US Labor Shortages
53.com
