Aging workforce

from http://www.prairiebizmag.com/articles/index.cfm?id=9659&section=News

The number of residents in North Dakota age 65 or older is forecasted to grow by 58 percent in the next two decades when it would represent 23 percent of the state’s population, according to projections from the North Dakota State Data Center at North Dakota State University. The number of Minnesota residents turning age 62 is also expected to jump by 30 percent in the next year.

North Dakota’s oil and gas industry, coal mining and power generation facilities are projected to lose about half of their workforce due to retirement in the next decade, according to Dave Farnsworth, power generation and engineering leader at Great River Energy’s Coal Creek Station near Underwood, ND.

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