6a Identifying Opportunities in Economic & Regulatory Trends
Economic trends: Shifting Workforce Demographics Source: https://commercial.jpmorganchase.com/pages/commercial-banking/executive-connect/six-key-economic-trends I believe that there is an opportunity here because the trend shows that as more of the "baby-boomer" generation moves out of the workforce, more jobs will become available to the ever growing market. The prototypical customer here is the working class in the generations following the baby-boomers. And as more jobs open, more trades and careers will be need to be filled. This opportunity would be easy to exploit for several reasons. More jobs being created with more people needing jobs is beneficial. Also, as more people go to work, more people will be strengthening the economy, adding opportunity. I saw the opportunity because I have seen the effect of the baby-boomer on the job selection process. My dad had trouble finding working and was in and out of work during the early 2010's, even though he had a d...