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Aging Worker Initiative Strategies for Regional Talent Development Fox Valley Workforce Development

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Grant Amount 1 000 000 Challenge This program will serve the thirteen counties that make up the Fox Valley and Southwest Wisconsin Workforce Development Areas. Both areas have recently experienced significant increases in layoffs. Fox Valley layoffs nearly doubled from 2007 to 2008 and have continued to increase in 2009. In the Southwest area the two largest cities had unemployment rates of 9 and 11. 4 in December 2008 with more than 5600 layoffs in 2008. Addressing the Challenge The Wiscon ...

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What is the taskforce on the aging of the American workforce?

The Taskforce on the Aging of the American Workforce is identifying strategies to enhance the ability of older Americans to remain in or re-enter the labor market and pursue self-employment opportunities and enable businesses to take full advantage of this skilled labor pool.

How do you solve aging workforce?

Heres how to realign your workforce and recruiting strategies to meet the demands of this aging workforce. Create an exit strategy for older employees. Flextime scheduling. Treat everyone equally. Younger doesnt mean more productive. Find positions that fit their skill set. Develop your workforce.

What is aging workforce?

What is the aging workforce? The aging workforce is as its name suggests the part of working individuals that have docHubed a certain age and beyond. This is often defined as those who are 40 years or older.

Why is the aging workforce a concern for HR managers?

Health Concerns Statistically, members of an aging workforce are likely to require more medical attention and have more health care needs than their younger counterparts. This can mean a human resources department will have to deal with increased insurance claims and costs related to coverage of an aging workforce.