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Boomers leading start-up activity

Maybe it’s not such a bad thing that seniors are rejoining the workforce in droves.

At least that’s the take from a new report out of outplacement firm Challenger, Gray & Christmas, which tracks layoff activity and hiring trends.

The country, it would seem, is standing at the precipice of another explosion in start-up activity, the likes of which haven’t been seen since the dot-com revolution of the early 1990s.

"This time around, however, the burst in entrepreneurial activity will not be led by 20-somethings," the report suggested, "but by baby boomers and would-be retirees in their 40s, 50s, 60s and even 70s, who are better educated, healthier and more tech-savvy than their predecessors."

Danielle Dimartino and Victor Godinez
Dallas Morning News

Full Story: http://www.azcentral.com/arizonarepublic/business/articles/1008startups08.html

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