AUSTIN, TX—This decade marks one of seismic demographic change.Baby Boomers will leave the workforce and Generation X will marchever closer to retirement age, to be replaced by GenerationY/Millennials and Generation Z as the dominant generations in theworkplace.
This has major implications for real estate occupiers, investorsand policy-makers around the world, according to a new researchreport from Cushman & Wakefield, Demographic Shifts: The Worldin 2030. The report analyzes the seismic shifts in internationalworkforces as 693 million Baby Boomers reach retirement age and 1.3billion members of Gen Z enter the labor force during the next 10years.
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