As time goes on, the demographic of people working changes. There’s a constant cycle of older generations aging and retiring. For example, Baby Boomers are currently between the ages of 76 and 57. This means that a good number of them have already retired or are looking to retire within the next 10 years. New generations enter the workforce and start to earn a name for themselves. CNN lists Generation Z as individuals born between 2000 and the present day. This means that the oldest Generation Z individuals are 22 years old. They’re just beginning to graduate from high school and college and enter the workforce. When it comes to age, this is what the workforce looks like today…

1. 48% of Generation Z represent
racial minorities or ethnic
minorities in 2018
The number of employees over
the age of 75 will increase by
96.5% within the next ten years
25% of Generation Z
identified as Hispanic in 2018
Compared to baby boomers,
Millennials are 16% more
diverse
The amount of workers between the
ages of 16 to 24 is projected to shrink
by 7.5% within the same period
39% of Millennials identified as a minority in 2002
30% of Generation X identified as a minority in 1986
18% of Boomers in 1968 identified as a minority
72% of Baby Boomers
are white
Only 56% of Millennials are white
The changing ages
of the workforce
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The employment rate of the
workforce of 55 years and older
decreased to 36% in 2020
https://money.cnn.com/interactive/economy/diversity-millennials-boomers/
https://www.pewresearch.org/social-trends/2018/11/15/early-benchmarks-show-post-
millennials-on-track-to-be-most-diverse-best-educated-generation-yet/
https://www.bls.gov/emp/
https://www.statista.com/statistics/217899/us-employment-rate-by-age/
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