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Gen Z Will Rise as a New Powerhouse in 2024

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The data shows that from the late 1970s until late 2011, Baby Boomers have long been the largest generation actively participating in full-time work. This trend could contribute to a rise in employees placing greater value on direct monetary compensation over traditional benefits like health insurance or retirement plans.

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By 2031, One in Four Workers Will Be Over the Age of 55

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This marks a 10% increase from 2011, according to a report by Tech.co. Why it matters: The aging demographic of the global workforce forecasts a substantial change in workplace dynamics, skills availability, and organizational needs. This reportedly translates to approximately 150 million jobs occupied by older employees.

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How Women Are Rising in Business

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Other reasons included “not [being] ready to retire” and the loss of their previous job. According to Guidant, the highest number of women-owned small businesses were in retail (18%), followed by “food and restaurant” at 12% and “health, beauty and fitness services” at 10%. Women of all ages are launching businesses.

2019 246