{"id":42738,"date":"2014-08-31T20:00:01","date_gmt":"2014-09-01T00:00:01","guid":{"rendered":"https:\/\/www.aroundfortwayne.com\/news\/?p=42738"},"modified":"2020-12-16T20:01:04","modified_gmt":"2020-12-17T01:01:04","slug":"report-20-percent-northeast-indiana-workers-retire-soon","status":"publish","type":"post","link":"https:\/\/aroundfortwayne.com\/news\/2014\/08\/31\/report-20-percent-northeast-indiana-workers-retire-soon\/","title":{"rendered":"Report: 20 percent of northeast Indiana workers could retire soon"},"content":{"rendered":"

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News release from Northeast Indiana Works:<\/p>\n

Report: 20 Percent of Northeast Indiana\u00c2\u00a0Workers Could Retire Soon<\/strong><\/p>\n

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(August 21, 2014) – Twenty percent of the adult workforce in northeast Indiana is at or nearing retirement age, according to the August Labor Market Information Report released by Northeast Indiana Works.<\/p>\n

That, said Northeast Indiana Works President and CEO Kathleen Randolph, underscores the need to equip younger workers with the skills and education necessary to meet the 21st-century demands of the region’s employers.<\/p>\n

“We know from some of the employers we work with that losing skilled, experienced people to retirement is a major concern,” Randolph said. “It is imperative that we upskill younger workers already in the workforce and that we make sure training and education pathways for in-demand jobs are available for those who have yet to enter the workforce.”<\/p>\n

The latest labor market information report was compiled for Northeast Indiana Works by the Community Research Institute at IPFW.<\/p>\n

Of the estimated 324,845 people 19 years old to 65-plus in the workforce in 11 northeast Indiana counties, 66,524 are 55 and older – or 20.5 percent. Some industry sectors will face an even greater challenge in keeping the employment pipeline stocked.<\/p>\n

Among the industries with higher percentages of workers 55 to 65-plus:<\/p>\n