skip to main content
Federal Reserve Bank of New York
Careers
Publications Catalog
News & Events
Banking Markets Research Education Regional Outreach About the Fed
 

 
 
UPSTATE NEW YORK Regional review
Baby-Boom Retirements and Emerging Labor Market Pressures
Vol. 1, No. 1   2006
JEL classification: J26, J14, R23
 

Author: Richard Deitz

As the baby-boom generation begins to retire, employers in upstate New York will be confronted with the dual pressures of replacing these workers and filling new jobs created in growing segments of the economy. An analysis of projected hiring rates in the region suggests that although there will be demand for workers in all occupations, employers may face a particular challenge filling positions in growing services occupations with relatively high retirement rates, such as health care, community and social services, and education.

 
PDF full articlePDF 7 pages / 152 kb
 
Supplemental Research Data on Retirement and Hiring Rates
Capital District PDF
Southern Tier PDF
Western New York PDF
Finger Lakes PDF
Central New York PDF
Mohawk Valley PDF