I need some help with this question: Your response should be at least 200 words in length. I am required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. Any assistance you can provide is appreciated Thank you in advance.
A change in human resources can have a major impact on businesses and our daily lives. List two demographic changes that will occur in the future. Provide an example for each change, and describe how these changes will transform American business and affect the American workforce.
The textbook is BUSN fourth edition.
According to a report done for the United States Department of Labor in 1999, the shift that will affect human resources in the future will be the decline in "prime-age workers" (Lerman & Schmidt, 1999). Explaining this as it pertains to demographics one change will be the age of your work force, it is predicted that there will be minimum growth in the workforce with around 25 million leaving and 109 million remaining. You will see younger and older workers increase (over 45 and under 25) but you will see the workers aged 26 to 44 decline. Now what this means for businesses is lack of experience. You see as the older workers reach retirement age the younger workers will not have ...
The demographic changes that will impact human resources. Major impacts on businesses and our daily lives are discussed.