August 31, 2000 (The Editor’s Desk is updated each business day.)
Jobs most affected by baby-boomer retirements
Airline pilots and management analysts are two of the jobs expected to be most affected by the retirement of baby boomers.
The replacement needs of the airline pilot occupation due to retirement are expected to increase by 173 percent in the period 2003-08 compared with 1993-98. Management analysts are also projected to have a large rise in retiree replacement needs, at 152 percent.
Among the remaining jobs in the top 10 affected by baby-boomer retirement, two are in education: special education teachers and teachers aides. Retiree replacement needs for special education teachers are expected to increase by 135 percent from 1993-98 to 2003-08, while replacement needs for teachers aides are projected to rise by 92 percent.
This information is from the BLS Employment Projections program. Learn more about the expected effects of baby-boomer retirements in "Gauging the labor force effects of retiring baby boomers" by Arlene Dohm, Monthly Labor Review, July 2000.
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