It is believed that the U.S. labor market will experience a dramatic change over the next 20 years due to the rapid decline of its multigenerational workplace.

U.S. Labor Market

The supply and demand for labor in the United States, where employers seek workers for jobs and individuals seek employment.

Multigenerational Workplace

An employment setting that includes a diverse age range of employees, from young workers to older professionals, spanning several generations.

Dramatic Change

A significant alteration in the operations, strategy, or environment of an individual, group, or organization.