How Baby Boomers Could Save Our Economy

Much has been written and discussed about the massive number of Baby Boomers who are retiring or about to retire, and the impact on the workplace. What are Boomers going to do with their lives? Here’s two developing trends that may have a significant impact on the workplace and our economy: Temp workers and entrepreneurial start ups. As reported in an article by Ali McConnon in the June 30, 2009 issue of BusinessWeek, the recession is hitting recruiting firms hard. For example, Robert Half International sales plummeted by 30% in the first quarter of 2009, as companies were reluctant to hire temp workers. Half is boosting its bottom line once hiring picks up by dipping into a pool of highly skilled Baby Boomers looking for work.

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