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Employment

Baby boomer retirements: Companies fear both the cost of older workers, and the cost of replacing their knowledge – The Washington Post

As older workers look to retire, companies reckon with how to replace outgoing skillsets. The youngest baby boomers are around 55 years old. The oldest are in their 70s. Most Americans don’t remember a workforce without the largest generation. And yet, as boomers enter their final years in the workforce, their retirements are …

America has a record 7.1 million job openings, making it an especially advantageous time to ask for a raise. – The Washington Post

The United States has a record number of job openings, another sign workers have greater opportunity to find better jobs, according to new data the Labor Department released Tuesday. President Trump celebrated the news, tweeting “Incredible number just out, 7,036,000 job openings. Astonishing – it’s all working!” The president made a slight typo in …