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Monday, December 04, 2006

The Wave of Boomer Retirement Gathers Momentum

In Baby boomers reaching point of mass retirement, one employer sees a rapid change in her workforce. “My eyes opened,” she said. “I was about to have 150 years of experience walk out the door at any time. In the U.S., someone turns 60 every seven seconds.”

What’s an employer to do? Just as we talked about in a previous entry, companies can meet this dilemma by making older workers want to continue working longer.

Read the article.

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