Baby Boomers Rule in New Millennium
Dateline: 12/20/99
The future looks bright for baby boomers. According to the most recent employment projections released by the U.S. Bureau of Labor Statistics, baby boomers are taking control of the labor force into the new millennium.
To make the future even brighter, the unemployment rate heading into year 2000 is the lowest in the U.S. since January, 1970, when it was 3.9 percent during Tricky Dicky's reign.
The statistics are favorable, the job outlook is great, and U.S. economy forecasters see strong growth in the year 2000. The start of the new millennium sure seems to be an excellent time for high-tech baby boomers to make some career moves.
But employers don't hire statistics. Years of experience may be up against some hard competition from the hot, new skills of generation-X twenty-somethings, who employers can hire cheaper than seasoned pros of the baby-boom generation. With today's rapidly-evolving technologies, employers want fresh skills and flexible, experienced employees who can quickly switch hats. It's probably a good idea for baby boomers to stay in pace with new technologies, before today's twenty-somethings become tomorrow's seasoned pros.
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