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With approximately 4 million baby boomers retiring every year, the unemployment rate down to 3.9%, and a growing economy, the US faces a projected period of increasing labor shortages, especially for experienced workers. Educated women (and men) below retirement age who are not in the labor force represent a source of underutilized talent and skills.
Making better use of these workers' talents has the potential to benefit the individuals themselves, employers, and our overall US economy.
CED’s Helping Skilled Workers Return to Work following a Career Break details the opportunities available to tap under-utilized talent to grow the economy by outlining why employers and others should care, current efforts and best practices, and how to make it easier for highly-skilled workers to return to the workforce.
As a business-led organization that pursues solutions in the nation’s interest, CED will continue to work with its membership and partners to promote this promising approach to strengthening the American labor force and economy.