The workforce is in transition: baby boomers are retiring and successive generations contain fewer employable persons. According to a Pew Research study conducted in the United States in 2015, baby boomers accounted for 29% of the workforce, while Gen X accounted for 34%, and millennials were another 34%. The baby boomers (aged to 52 to 70) are retiring and, even though immigration is adding to the millennial population (aged 18 to 35), it is not enough to make up the difference. In the next 5 years millennials will make up almost 50% of the workforce as 4 million baby boomers retire each year.
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