Since the outbreak of COVID-19, one in four people have struggled to pay their bills, a third have taken money out of savings or retirement accounts, and one in six have borrowed money or gotten food from a food bank, according to a survey from the Pew Research Center. MORE

The browser will officially be retired as a desktop application in June of 2022 as the reportedly faster and more secure Microsoft Edge browser takes its place. As of now IE mode is only intended to be supported through 2029, which should give users plenty of time to look for new solutions. MORE

Recent research from the Insured Retirement Institute sheds an interesting light on the nature of America’s aging workforce. The AARP estimates that around 10,000 Baby Boomers will reach retirement age between 2011 and 2029, but that only 5,900 of them are retiring per day. . MORE

After being retired for a year, I was getting bored, restless and feeling a little left out,” he said. By 2029, over 20% of the total U.S. What’s more, a study by the Federal Reserve found that among workers who have yet to retire, 26% plan to keep working as long as possible and 12% want to leave their current career but find part-time work in another field. When you hear the word “intern,” you probably don’t think of a 70-year-old retiree. MORE

The youngest members of the Baby Boomer generation will turn 65 in 2029, although there is no guarantee that all, or even most, of them will retire at that stage. According to research, a number of Baby Boomers simply do not have enough savings to retire comfortably. MORE

Many of these same industries—construction, automotive and trucking, to name just three—are facing a worker shortage fueled in no small part by scores of retiring baby boomers. The Washington Post recently detailed the new Iron Workers Union policy, noting that all baby boomers will be over the age of 65 by the year 2029, which means one-fifth of the U.S. population will have reached retirement age. MORE

That means the industry is looking at a shortage of 84,000 to 390,000 engineers by 2029. Retain more labor in the market by encouraging part-time employment, increasing retirement age, etc. Leading studies project significant labour shortfalls in Europe between 2020 and 2030. In fact, the same studies estimate that labour supply has already started to shrink in Germany, Poland, Spain, and Russia. MORE

Most private practice physicians plan their retirement well in advance. It’s estimated that though 2029, 10,000 Baby Boomers will retire from the workforce every day. While mandatory retirement is a thing of the past, most institutions can expect the bulk of their staff members will voluntarily retire when they start to hit their golden years. These top tools should be part of your overall talent plan, from recruitment to retirement. MORE