The gray labor market
Consider how much talent we waste by not fully utilizing the know-how and experience of the graying generations as their numbers grow bigger and bigger. Pause for a moment and dare to visualize a different world in which our grandparents are among the most active and productive members of society.
Research shows that diversity in terms of gender or ethnicity tends to reduce group cohesion and performance but enhances creativity non-routine problem-solving. While the impact of age tends to be blurred by its association with job tenure, there are some reports that groups formed by a cohort of varying ages may be more creative.
As the over-sixty demographic expands worldwide, this will surely become the subject of heated debates, especially as the smaller young cohorts of tapayers-Millenials and Gen Z-weigh in politically.
And millennials will age too
By 2040, the first millennials will go into retirement. Initially dubbed Generation Y, they’re frequently defined as the age cohort born between 1980 and 2000, although some identify them more narrowly as those born between the early 1980s and the late 1990s. They are far more than a mere age cohort in technologies that were undergoing a quantum leap that transformed the world.
Remember that the millennial population in the world, and within specific countries like the United States, is not homogeneous. Companies keen on attracting millennials are cut from the same cloth. The world of 2030 will be shaped not by one monolithic generation but by the interplay among the various millennial generational subunits, defined by education, income, ethnicity.
2030 by Mauro.F.Guillen: 59~65
