TRENDS 2020 Trend 5: JOB & HIRING Recruiters will adapt as 65+ Baby Boomers become GLASSDOOR'S the fastest-growing workforce. The fastest growing segment of the labor force in the coming decade isn’t millennials or the newest band of Gen Z workers. It’s aging Baby Boomers. This demographic of age 65+ workers are working longer than past generations and, estimates show, aren’t going anywhere. They are healthier, work in physically less-demanding jobs, and are more in need of retirement income than previous generations — all forces which are keeping seniors in the workforce longer. A “gray wave” of senior citizens will be impacting the workforce in coming years, both in the United States and the United Kingdom. While the overall American labor force is projected to grow by 5.5 percent over the next decade, the 65+ workforce will grow by a whopping 61 percent. Similarly in the UK, the 65+ population is expected to rise nearly 60 percent over the next 25 years, faster than any other demographic group. 20
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