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Minding the Gap: How Energy Company CEOs Should Approach the Talent Gap

The baby-boomers generation is reaching the beginning of the end of their careers.  According to the Bureau of Labor Statistics, the baby-boomer generation will move entirely into the 55 and older age group by 2020, increasing that age group’s share of the labor force from 19.5% in 2010 to 25.2% in 2020.  The working group in ages 25 to 54 is projected to drop to 63.7% of the 2020 labor force, with the 16- to 24-year-old age group is projected to account for 11.2 percent of the labor force in 2020. Between now and 2020 there are expected to be 54.8 million total job openings, not to mention the economic recovery we are experiencing and the subsequent growth which will lead to many openings.

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Article written by Brent Longnecker, Chris Crawford, and Jonathan Covington.

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