How the Baby Boomer Retirement ‘Tsunami’ Will Impact the Job Market

What this means for your job search: Expect increased demand for tech talent as older workers retire and the foreign-born workforce shrinks, potentially reducing competition for roles. Emphasize your skills and potential for growth, as companies may be more willing to invest in training new hires. An exodus of older and foreign-born workers from the labor force appears set to alter the employment landscape in the U.S.