Skip to main content

Talent Acquisition Solutions in a Transitioning Labor Market

According to Pew Research Center, about one in five adults in the US ages 65 and older were employed in 2023. Once these Americans start to retire, what will happen to the Labor Force?

Maca Navas

View Bio

According to Pew Research Center, about one in five adults in the US ages 65 and older were employed in 2023. Once these Americans start to retire, what will happen to the Labor Force? How are Talent Recruiters preparing for these transitions?

The talent of 30+ years of industry knowledge going out the door could lead to a shortage in the labor force. The searching, recruiting, and hiring of talent who possess the same or similar amount of experience generates a new challenge for Talent Acquisition Managers, creating uncertainty.

Investing in training and upskilling employees to step up and take the place of managers who left the company is the 3rd of the challenges, considering that there is already difficulty finding workers to fill open jobs.

What to do about this?

Employers need to implement effective recruiting strategies to fill the lost talent.

  • Opportunity to fast-track employees who demonstrate leadership abilities. Mapping and managing specific career pathways including training, assessments, certifications, jobs, and education that develop the skills required for a tangible and attainable career journey makes employers stand out among competitors.
  • Build and prepare a sustainable talent pool for jobs, locations, and careers.  We see more and more companies beginning to upskill K12 students to start awareness and build talent pools. At Career Highways we fill in the gap between students and employers by fostering relationships with community organizations in your targeted geographies. Enhance your PR and community awareness!

Why is this so important?

Standing out as a brand who cares to develop their labor force reduces drop-off rates, creates a better work culture, increases productivity, builds better work and customer relationships, and turns them into your best advocates. At the company level it has an impact on business operations and profitability.

About Career Highways

At Career Highways, we empower individuals for career success with visual, personalized, dynamic career highways and rich career development tools. Our talent marketplace helps employers source and develop the internal and external talent they need to be successful in the marketplace.

We envision ourselves being the premier career development ecosystem uniting all workforce development stakeholders with common goals, processes and ontology.

Being the trusted career development platform accessible by everyone, positioning all for career success is our mission.