18% of U.S. Workforce Likely to Retire Within 5 Years

The findings of a new report on age and retirement benchmarks in the U.S. workforce, showed that 18% of the U.S. workforce is likely to retire within the next five years. The six industries studied ranged from a low of 9% reaching retirement age in the hospitality industry to a high of 28% in public administration. Other industries included in the study were manufacturing, healthcare, education and retail. While there is no guarantee that everyone who reaches the average retirement age will actually stop working, the research indicates several industries could be facing a significant loss of skilled talent over the … Continue reading 18% of U.S. Workforce Likely to Retire Within 5 Years