How an Aging Workforce Will Affect Your Productivity and Safety (And What You Can Do About It)

How an Aging Workforce Will Affect Your Productivity and Safety (And What You Can Do About It)

The repercussions of the aging workforce – perhaps more accurately named workforce availability – challenge every manufacturer.

By next year, one-third of the total U.S. workforce will be 50 years old or older, while workers within the skilled trades are retiring at a faster rate than other segments. China's over-65 population is projected to soar to 210 million by 2030. Across Latin America, birth rates have dropped 63 percent since 1960, and in Europe, employment initiatives and pension reforms will extend older workers' time in the workforce.

To compound the workforce availability pressures, more

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