Retiring Baby Boomers and Dissatisfied Gen Xers Cause Brain Drain


With the Baby Boomers plodding closer to retirement, much is being said about the impending “brain drain” on American business. The generation of Americans born between 1946 and 1964 has been considered the culprit for all sorts of high points, low points, market gluts, shortages, and concerns about the future of Social Security benefits. Now it’s being blamed for a critical loss of knowledge and experience in the nation’s businesses.

According to the U.S. Bureau of Labor Statistics, there are nearly 77-million Americans in this age group, and by the year 2010, half of them will be between the ages … Read the rest