6A Identifying Opportunities in Economic and Regulatory Trends
Economic Trends 1.) Baby Boomers Aren’t Retiring https://www.thebalance.com/top-usa-future-economic-trends-3305666 · The baby boomer generation consists of individuals born between 1949 and 1964. According to The Balance article, a Prudential survey found that Baby Boomers are delaying retirement because of the recession. Thus, the retirement crisis continues as older generations are continuing to work longer and leaving significantly fewer jobs for the younger generations. The article suggests the use of “technological innovation” to create more jobs. To solve this issue, the government might consider offering benefits to individuals once they’ve reached a certain age willing to retire. Employers might also consider offering better pay or part-time positions to senior level employees willing to teach employees of the younger generations. · I came across this oppo...