[Torture]

The current trend of anti-Boomer anger centers on the accusation that Baby Boomers have taken all the good jobs. They refuse to surrender their job privilege and remain gainfully employed, despite the entreaties of younger workers begging for a chance to advance. The Millennials, Generation-Z and Gen-Xers say they’re stuck in their jobs and can’t advance because the Boomers just won’t leave. According to a recent USA TODAY/LinkedIn survey of 1,019 working professionals, 41% of Millennials—and 30% of all adults—reported that it's difficult to advance within their fields because Boomers are waiting longer to retire.

https://www.forbes.com/sites/jackkel...h=7d6fea207278

A new study by Kellogg assistant professor of strategy Nicola Bianchi and Matteo Paradisi of the Einaudi Institute for Economics and Finance shows why.

In short, the Boomers benefited from a variety of structural changes to the labor market. These shifts—like delayed retirement, the high cost of moving jobs, and stagnant firm growth—have been a boon to older workers, keeping them in higher-paying positions for longer.

This comes at the expense of younger workers, who cannot reach the ranks held by older workers. Instead, they face lower wages, slow career growth, and more frequent job changes.

https://insight.kellogg.northwestern...cant-get-ahead

Record-breaking shares of Americans plan to work longer. An April 2018 Gallup poll showed 41 percent expect to be working beyond age 65 — a huge jump since Gallup started tracking in 1995, when it averaged 13.5 percent.

https://www.washingtonpost.com/us-po...one-last-mess/