With the aging of its workers, “America is facing a demographic shift as significant as the massive entry of women into the workforce that began the 1960s. “23 From the 1970s through the 1990s, many employ eras improved their competitive positions by instituting and benefits (s)
(such as more flexible work hours) that attracted more women to the workforce. Employers will now have to take similar steps to fill the openings left by retiring employees-probably by rehiring retirees.