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Fortune
Fortune
Chloe Berger

Massive consulting firm Bain says 150 million jobs will go to older workers over the next decade

(Credit: Riska—Getty Images)

In the mid-2010s, Robert De Niro played opposite Anne Hathaway as the titular role in “The Intern," depicting a retiree rejoining the workforce. His character’s career choice might have seemed like an anomaly at the time, but new data shows it may not be all that unique in seven years. There will be 150 million more workers over age 55 by the end of the decade, Bain & Company predicts in a new report. The company—one of the Big Three strategy consulting groups that includes McKinsey & Company and Boston Consulting Group—analyzed 40,000 workers across 19 countries.

It found that by 2031, older workers will account for more than a quarter of the workforce across seven countries, a 10% hike since 2011: Canada, Germany, the U.K., Japan, the U.S., France, and Italy. It’s not just happening in these countries, the report points out—even China and Brazil are seeing a growing number of older workers. 

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