The retirement wave is about to hit. A whopping four million Americans are expected to turn 65 every year for the next four years, and that can mean opportunity if you're in the job market.
Monday, July 29, 2024 12:07PMThe retirement wave is about to hit. A whopping four million Americans are expected to turn 65 every year for the next four years, and that can mean opportunity if you're in the job market .
But the big picture is there are more older Americans leaving the workforce than there are younger workers, like recent high school or college grads, getting in.Right now, employers nationwide have posted a total of 8 million jobs they're trying to fill, according to the Bureau of Labor Statistics. The other important dynamic for workers is this could help boost their salaries. If employers are competing to fill open jobs, they might offer to pay higher wages.
Almost one out of every four health care workers is over the age of 55, so as those workers retire, their jobs will need to be filled.Other industries that have a big share of older workers are government and education.
Retirement Wave Job Opportunities Careers Americans Working Job Openings Retiring Retirement Over 65 Peak 65 Economy Job Market 15115356
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