Changing workforce diversity, Business Management

The United States has historically been seen as a "melting pot" of people from many different countries, cultures, and backgrounds. The Bureau of Labour Statistics projects that by 2015, the U.S. labour force will include 21 million black, 11 million Asian, and 24 million Hispanic individuals. It also indicates that by the year 2050, Hispanics will make up 24 percent of the U.S. labour force, blacks 14 percent and Asians 11 percent (See Lepak and Gowan, 2009 p. 40). Females are expected to increase their percentage in the workforce by 15.1 percent, so that more than 62 percent of the women in the United States are expected to be working in 2010 (See Moorhead and Griffin, 2009 p. 53). They are expected to make up 47 percent of the U.S. labour force in 2016 (See Lepak and Gowan, 2009 p. 40). The graying of the U.S. workforce is another source of diversity. People over age sixty-five will comprise 13 percent of the population in 2010 and 20 percent of the population by 2030 (See Nelson and Quick, 2007 p. 48). In contrast, the growth rate of individuals in younger age group is markedly smaller and expected to decrease by seven percent by 2016.

Posted Date: 4/2/2013 1:49:57 AM | Location : United States

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