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Economic Uncertainty is Driving Baby Boomers Back to the Workforce

Allwork

sped-up their retirement plans due to layoffs, health concerns, and changing work attitudes — contributing to what was termed the “Great Retirement.” Rowe Price’s Retirement Saving & Spending Study, 20% of retirees continue to work full- or part-time, and 7% are actively job searching.

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U.K. Moves Toward Flexible Work, Yet Stigmas Remain

Allwork

for its role in balancing mental and physical health needs in the workforce. According to a recent study published by Time Wise , which included surveys and focus groups of 4,001 full-time and part-time workers, nearly half of the respondents believe part-time work limits career progression.

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Younger Generations are Gravitating Toward Freelancing

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Generational shifts have always influenced the workforce, but recent data suggests that Gen Z and young Millennials are redefining the very essence of employment. According to a recent article published by ZDNet , a staggering 64% of Americans under the age of 35 are either already freelancing or have plans to do so in the future.

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Why the over 50s are leaving the workforce in huge numbers

Workplace Insight

Of course, it could simply be that workers saved more during the pandemic and can now afford to retire in comfort earlier than planned. Surprisingly, the silver exodus is not concentrated in the richest segments of society – even though one might expect that they would be the most able to retire.

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How My Experience as a Black Entrepreneur Shaped My Views on Building Financial Freedom

Success

Instead, in an effort to avoid conflict altogether, they are far more likely to quit, which could have a negative impact on their earning potential, retirement account contributions, health care coverage and other financial employee benefits. This article originally appeared in the November/December 2022 issue of SUCCESS magazine.

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How Women Are Rising in Business

Success

The women surveyed in Guidant’s “ 2023 Small Business Trends ” report were primarily motivated to become entrepreneurs due to being “ready to be their own boss” (28%) and “[dissatisfied] with corporate America” (23%), with only 13% seeking to pursue their passions. of women-owned businesses. And maybe to lead for a while.”

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How Sensory Design Can Create Efficient Workplaces

Allwork

This article was written by Chip DeGrace and was originally published on Work Design Magazine. According to a survey from March 2022, almost 50% of workplace leaders already require or will require employees to return to full-time in-person work within the year.