The answer is: “Labor force demographics” The question: What is the train wreck coming our way that few businesses are doing anything about it? You may have seen some of this before but here are a few *demographics. 10,000 Boomers per day turning 65 until 2020 Life expectancy at age 65 is +/- 83 Growth of the labor force for 16-24 years is projected to DECLINE by 2024 This means that the percentage of people 55 and older is INCREASING in that time frame!! **While many of … [Read more...]
4 Areas to Explore to Help Your Clients Rebalance Their Life
When I first heard Geoff Pearman (workforce development consultant in New Zealand) use the term ‘rebalancing’ to describe how Boomers could look at the next phase of their lives, I knew I liked it. I have struggled with how to describe this time after leaving full-time employment to clients I work with, and now have embraced ‘rebalancing’ rather than retirement, “3rd age”, or whatever else is out there. This is a great way to look at ALL career changers as well. People don’t just stop living … [Read more...]
How do you find that “sweet spot” when working with midlife career changes?
How do you find that “sweet spot” when working with midlife career changes? Well, my advice is no different than what I often discuss with college students: “What do you bring to the company or organization that you want to work for?” The biggest difference for midlife career changers is that they have an opportunity to look back on their lives and years of experience with deeper knowledge and perspective. Whether they want to leave jobs that they've held for many years or find meaningful … [Read more...]
Boomers to Save the Economy…again.
Why not? Boomers have driven the economy since we were born. Our love of toys in the 50's & 60's created many new companies. You are welcome Hasbro, Fisher-Price, Legos, and Mattel. With 10,000 Boomers nationwide turning 65 daily across the country, we are facing a labor shortage crisis everywhere. Here in Maine, nearly a third of the population is in the Boomer age range. Some states are worse than others, but nationally 47% of the labor force is 55+ during the decade 2006-2016. The growth … [Read more...]
Life Reimagined. By Richard Leider & Alan Webber
After listening to Richard Leider at the National Career Development Association conference June 2014, I knew I had to buy this book. This is a common sense straightforward book that speaks to Boomers as they transition into this next phase of life. It is optimistic, informative, and practical. My kind of book. One theme really resonates with my philosophy on "intentional serendipity" and "happenstance theory" and that is their, "you must live life with choice, curiosity, and courage" … [Read more...]