baby boomers, long term unemployment and the great reset
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Baby Boomers, Long Term Unemployment and the Great Reset
Strategies to Help!
AgendaBaby Boomer Belief Systems
Baby Boomers Parent’s Belief Systems
The Great Reset
Long Term UnemploymentWhy Baby BoomersStrategies to help
Baby Boomer GenerationBorn 1946-1964
79 Million
Major EventsVietnam WarWatergate
Technology Advances?
Parents?
Greatest GenerationBorn 1900-1924
Major EventsGreat DepressionWorld War II
Characteristics?MoneyWork
Beliefs of Baby Boomer Parents
Beliefs of Baby BoomersWork for 30 years and then retire
Company will provide benefitsVacationHealth InsurancePension/401(k)
Loyalty
Safety
Work Ethic
Baby Boomer IssuesEmployment
Housing
Children – College Education
Retirement Savings
Great Reset
Great ResetNew consumption patterns and new assumptions about
“ownership” that are less centered around houses and cars,
New forms of infrastructure that speed the movement of people, goods and ideas
A radically altered and much denser economic landscape organized around megaregions that will drive the development of new industries, jobs and a whole new way of life.
Housing
Is your house a boat anchor?
Automobiles
At what age did you get your drivers license?
At what age did your children get their drivers license?
The New Economy
Creative Class
Service Sector
Long Term Unemployment
Baby Boomers and Long Term
UnemploymentOptions/Strategies/Solutions…..
Baby Boomer and Long Term Unemployment
Baby Boomer Unemployment Expectations
3 Months is a really short job search
Expect 9-12 months
Get comfortable being uncomfortable
After 1 year look for alternatives
Big PictureHousing
Lifestyle
Children/Family
Location
Retirement
OptionsDownsize
RelocateTemporaryPermanent
Contract
Freelance
Start a business
ConclusionAge discrimination is alive and well
World is changing and it will not stop or slow down
You need to be flexibleCompensationSkillsLocation
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