Business

Generation X versus the labor market. The US appreciates them, Poland is afraid


According to a Bloomberg analysis, Generation Xers in the US are working more today than ever before. Employment rates in the 50-64 age group have reached historic highs and remain high despite the cooling economic situation. Importantly, the employment of 60-year-olds was growing even before the pandemic, although the size of this group was also increasing.

There are three factors behind the trend:

  • Demography: the number of Americans 50+ decreased by approximately 5 million compared to 2016, which strengthened their position on the market.
  • Pandemic: mass departures of people aged 65+ revealed how difficult it is to replace experience and organizational memory.
  • Technology: growing investments in automation and AI have increased the need for stability and predictability of longer-term employees

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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