Who'll Sit at the Boomers' Desks?
[12 October 2003 - New York Times] During the Clinton boom years of the late 1990's, in one of the tightest labor markets in memory, corporate America was warned that if it did not cultivate older workers, they would take their skills and move on. One recession and one so-called jobless recovery later, some questions naturally arise: Was that warning ill founded? Was the tight job market at the end of the 90's an anomaly? Will chronically high unemployment be the norm for the near future? The answers appear to be no, no and no. ...