Question

155 million people were working in the US in 2016. If 42% of all people working were baby boomers, how many were working in 2016? If 15% of the baby boomers retire within 10 years, how many jobs will this represent from 2016 employment?​

Answer 1

Answer:

65,100,100 baby boomers were working: 6.3 %

Explanation:

In 2016, 155,000,000 people were working.

42 percent were baby boomers,

The actual number of baby boomers were

= 42/100 x 155,000,000

=0.42 x 155,000,000

=65,100,100 baby boomers were working

If 15 percent of baby boomers were to retire in 10 years

The number ow retirees will

=15% of 65,100,100

=15/100 x 65,100,100

=0.15 x 65,100,100

=9, 765,015

As a percentage of the number of people working in 2016

= 9, 765,015/155,000,000 x 100

=0.0630000 x 100

=6.3 %