- I think there's plenty of evidence to suggest that baby boomers are stalling retirement because:
- Their pension/Social Security just isn't enough
- They don't have enough saved up to retire (or their retirement portfolio took a hit in the crash/they were diversified incorrectly/they thought they were the next Warren Buffet.)
- They like their jobs a lot, and don't see any reason why they should stop working
- They have kids in college to support or a mortgage to pay or a beachhouse in Florida to buy or, or, or...
- There is not a ton of evidence to support the assertion that because people are retiring, they're going to turn around and hire a lot of young/new people
- They could close the jobs altogether (um, chemical R&D)
- They could outsource the position to somewhere else (um, chemical R&D)
Monday, April 15, 2013
Don't Trust Anyone Who Thinks Retirement Will Create Job Openings
I was privy to a local official's comment to a group of young people recently that, if everyone who is expected to retire does retire, then half the relevant workforce would be retiring in the next two years.
Ha! HAHAHAHAHAHAHAHAHAHAHA! (deep breath)
Look, anyone who's telling you that there are going to be a lot of jobs because there are a lot of old people trying to retire is selling you something. Don't buy it:
I've just made a bunch of unsupported assertions there, so I'll bet that I'm just as full of baloney as the HR lady. But not quite, I'll bet.