This document discusses strategies to help baby boomers facing long-term unemployment. It provides background on the baby boomer generation and their parents' work beliefs. The "Great Reset" is described as ushering in new consumption patterns and forms of infrastructure. Long-term unemployment is a major issue for baby boomers, who may have unrealistic expectations around job searches. The document suggests options for baby boomers like downsizing, relocating, contracting work, and starting businesses to cope with long-term unemployment in a changing economy.
Baby Boomers, Long Term Unemployment and the Great Reset
1. Baby Boomers, Long Term
Unemployment and the Great Reset
Strategies to Help!
2. Agenda
Baby Boomer Belief Systems
Baby Boomers Parent’s Belief Systems
The Great Reset
Long Term Unemployment
Why Baby Boomers
Strategies to help
3. Baby Boomer Generation
Born 1946-1964
79 Million
Major Events
Vietnam War
Watergate
Technology Advances?
Parents?
4. Greatest Generation
Born 1900-1924
Major Events
Great Depression
World War II
Characteristics?
Money
Work
6. Beliefs of Baby Boomers
Work for 30 years and then retire
Company will provide benefits
Vacation
Health Insurance
Pension/401(k)
Loyalty
Safety
Work Ethic
7. Baby Boomer Issues
Employment
Housing
Children – College Education
Retirement Savings
9. Great Reset
New 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.
22. 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
25. Conclusion
Age discrimination is alive and well
World is changing and it will not stop or slow down
You need to be flexible
Compensation
Skills
Location