Baby Boomers are 76 percent white, whereas the millennial generation is only 56 percent white. Diversity continues to increase with Gen Z as well, with the percentage of Hispanic, Black, Asian, American Indian, and mixed-race higher than ever before. As more Baby Boomers continue retiring and the Millennial and Gen Z workforce population increases, what can we expect?
While 2021 was characterized by resignations and worker shortages, 2022 will be defined by a large-scale return to the workforce. Employers will have to be attentive to market changes and candidates’ desires to ensure they’re sourcing ideal, highly skilled talent for their roles.