Young workforce declines 1 percent by 2010.

By 2008, women and minorities will represent 70% of the new labor force entrants. Thirty-four percent of the U.S. workforce will be non-Caucasian.

By 2010, the U.S. workforce will have an increase of 29% in the 45-64 age group, a 14% increase in the 65+ age group and a 1% decline in the 18-44 group.

In the next decade, 75% of new workers will likely be from Asia, while North America and Europe will have 3% of the world’s new labor force.

Source: Hewitt Associates, Preparing the Workforce of Tomorrow, 2004

For more information about workforce trends, visit the Perfect Labor Storm.


Ira S Wolfe