Demographic-economic paradox

Generation and the work place: Workplace is an ever changing environment. As societal norms change, culture of organization change. At this point of time, there are four generations that are active in workplace. It is important to keep in the mind that each generation tends to see the world through a unique lens that forms as a result of the event that were taking place in the world as these individual grew and developed from children to adult. There are various bands of generations based on the…

Although the baby boom generation has proven to have a significant impact on the larger society, they also represent a serious problem to future generations to come in the job market. In today’s society, jobs are being offered based on years of experience and educational background. For the boomers, “work life extension could be a good thing” for them and the economy (Moody and Sasser 2015, 465). By having the boomers in the workplace, this calls for a diverse work environment. On the other…

Although a lot of people refers baby boomers as senior citizens, baby boomers do not necessarily feel “old” because they have a positive outlook on life. They want to continue living exciting, active, and fulfilling lives. However, a significant amount of baby boomers must face the fact that they are approaching financial uncertainty due to aging out of the workforce (MINT 1). According to a 2015 study from the Government Accountability Office (GAO), 29% of Baby boomers do not have money set…

declared war on poverty in America. Largely unnoticed, 40 million people fell into this dilemma. President Johnson called on the Baby Boomers and referred to them as the Great Society to end poverty and racial inequality. He created the Office of Economic Opportunity to fund programs like job corps to train the poor, Peace Corps, the Head Start Program to give under privileged children an early start to education, and the Equal Employment Opportunity Commission to enforce job discrimination.…

ABC Company, Inc., has recently recognized the growing need to hire millennials due to the gradual loss of Baby Boomers to retirement. Within the next 5 years, ABC needs to find a way to attract qualified millennials by offering benefits that suit their specific needs, which differ from those of older generations. Millennials, unlike their older co-workers, are risk-averse for their age. They prefer to receive benefits in the form of a plan that is arranged by professional financial planners,…

In his book “The Dumbest Generation”, Mark Bauerlein, a social critic and professor, explains his stance regarding the Millennials. Bauerlein claims that students in the last ten years have two major differences compared to previous generations: declined reading habits and declined general knowledge. Bauerlein states these differences, but he fails to clarify the meaning of ‘general knowledge’ and how it is measured. While individuals under the age of thirty aren’t the least intelligent…

The baby boom represents the era with a substantial increase in births between the years 1946-1965. In 1946, after almost 20 years of economic depression, Canadians finally had a chance at the ‘American Dream’ working 9-5, the uprise of suburbia, time for recreational activities and travel. This new economic freedom led to more marriages and ultimately more children. Although what happens when 9.6 million children grow up at the same time in Canada and enter the workforce, then later grow old…

Introduction: The second customer segment that we have focused on is Baby boomers. Baby boomer is a term that is used to describe an individual between the ages, 54 to 72. Baby boomers take up a significant chunk of the global population particularly in developed countries and according to the Australian Bureau of Statistics they accounted for approximately 20% of the Australian population in 2016. Source: https://profile.id.com.au/australia/five-year-age-groups The reason we have chosen this…

Hz therefore the current study could be attributed as presenting another level of signal for an older age group. However, when comparing the results from the current study to Irwin et al. (1986), it should be taken with caution as there was no demographic direct information provided for participants in the study nor were individuals in the study tested prior to participation to ensure that no previous hearing damage had…

Evidence-based practice is important to clinicians when providing care but how do we know that the evidence used to manage our practices is validated and will provide the quality we seek? How does one determine if the information available is truly best practices and evidence-based? When searching for information regarding a certain subject, one must be able to sift through the mountain of data and conclude if the report given by the research is true and valid. Melnyk & Fineout-Overholt…