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According to the Bureau of Labor Statistics, the number of workers ages 55 and over is projected to increase by 34% from 2003 to 2012, a net increase of 12.5 million workers. Workforce demographic data for employers sponsoring US pension plans show that almost one in five workers in these companies is retirement-eligible today and another third will become eligible to retire over the next five to ten years.

Replacement costs for experienced workers of any age are at 50% or more of the individual's annual salary, meaning increased costs for jobs requiring specialized skills, advanced training, or extensive experience in key roles ranging from leaders to sales and many professional / trade disciplines. With 24 million small businesses, over two million service and training providers in the U.S., and 70+ million baby boomers who still need to work and are unable to compete in the workplace, IJI and our partners plan to tap into this exploding $310 billion annual workforce training and continuing education market by implementing our programs.

 
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