As Boomers entered and departed career stages, job markets expanded and contracted due to their size.
Boomers typically brought a wealth of working expertise from years of experience. Their guidance has helped younger generations.
Boomers have longer career durations than succeeding generations. Many stayed with one firm longer, boosting institutional knowledge and stability.
Boomers took on leadership and management roles as they advanced. They influenced workplace cultures and managerial practices in these jobs.
Boomers shaped employment benefits and practices. Retirement plans, healthcare benefits, and workplace accommodations changed due to their requests for better working circumstances.
Economic difficulties and other factors have delayed Boomer retirement. Retirement age and worker makeup have changed due to this choice.
As Boomers retire, companies are focusing on knowledge transfer and succession planning to transmit skills and expertise to younger workers.
After retiring, some Boomers sought "second act" professions or entrepreneurship, using their talents and expertise to new roles or industries.