April 2016 cover

April 2016

In this issue, we focus attention on the two groups that are changing the employment landscape of this country: Millennials and Minorities.

According to statistics, 11,000 Baby Boomers are retiring daily (76 million Baby Boomers were born between 1946 and 1964). Replacing them and coming into their own are the Millennials – those born between the early 1980s and early 2000s. According to the US Census Bureau, there are 80-million-plus Millennials in the US. This represents the largest cohort size in this nation’s history.

In the pages of this magazine, we present four feature articles that delve into the preferences of this younger population. On page 38, Contributing Writer Lorna Pappas talks with leading New Jersey economists about the Millennial movement, which Rutgers Economist Jim Hughes calls “the greatest age structure transformation” in history. Pappas’ article focuses on this population’s penchant for urban living, technology, 24/7 lifestyles, open office spaces and what businesses must do to attract these workers.

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