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In the year 2012, it is estimated that “Gen Y” will represent over 50% of the workforce in America, which now accounts for 31%. People born after 1980 will be the driving force behind business. Yes, that’s right. These youngsters with I-pods, I-phones, wearing $500 jeans and drinking $4.95 cups of coffee will be answering our phones, processing orders, selling securities, tending deli counters, teaching children, driving buses, treating illness and so on. This technology savvy group will replace a large chunk of Boomers (people born 1946 – 1964), who currently make up the main workforce with a 45% representation and are about to retire. |
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