For more information, please contact:
Gwen Osborne, director of public affairs, (312) 906-5251
ADVISORY TO PRODUCERS, COLUMNISTS AND ASSIGNMENT, LEGAL, PLANNING, BUSINESS, AND DAYBOOK EDITORS
CHICAGO--August 16, 2006--Chicago-Kent College of Law, the Stuart Graduate School
of Business and the Center for Financial Markets have experts available to discuss current issues.
To reach any of our experts, call Gwen Osborne, director
of public affairs, at (312) 906-5251. Copies of press releases and earlier advisories are available
on our Web site: http://www.kentlaw.edu/news/advisory.
Former president Bill Clinton turns 60 this week. He and President Bush are among the first wave of American baby boomers are who are reaching that milestone at a rate of 330 every hour. As they age, this generation will continue to exert significant political, social and economic influence. Experts from Chicago-Kent College of Law and Stuart School of Business are available to talk about the impact of boomers on the workplace and consumer spending. They can also discuss marketing to this segment of the population, unique branding issues and trends, and other issues related to the aging baby boom generation.
Baby boomers are living longer than their predecessors. The U.S. Census Bureau estimates that relatively healthy boomers can expect to pay approximately $4,000 a year on health care, with regular increases as they age. Professor Eliezer Geisler of Stuart School of Business’ Center for the Management of Medical Technology says, "The belief among baby boomers that medicine can cure all, added to their sheer numbers, will put a strain on the health care delivery system." Professor Geisler is available for interviews. He can also discuss technological advances and the Stuart School’s fifth Hospital of the Future conference, "Technology in Health Care in the 21st Century: Trends, Advances, Management & Challenges--What We Know and What We Need to Study." (See below.) His number is (312) 906-6532.
The "new retirement." In 2011, the first wave of the nation’s 76 million baby boomers will reach retirement age. Government sources report that only 48 million new workers will be available to take the jobs they vacate. However, according to "The New Retirement," a 2005 survey released by Merrill Lynch, some of those positions may be filled by baby boomers. The report found that 76 percent of baby boomers intend to keep working during their so-called retirement years, with many expecting to leave their current employment and begin an entirely new job or career. Professor Howard C. Eglit, an expert on law and aging, is available for interviews about workplace issues. Professor Eglit is the author of a three-volume treatise, Age Discrimination, and a recent book, Elders on Trial: Age and Ageism in the American Legal System. His number is (312) 906-5037.
In order to be competitive in today's workplace, employees must remain current with new technology. However, Marvin B. Levine, an adjunct professor at Stuart School of Business, says many older workers are discovering that just being more experienced isn't enough to make it in the workplace. They must be able to adapt to the changing workplace environment. Professor Levine is available for interviews about the role of older employees in the workplace.
Savings, Social Security and employer-sponsored plans may not adequately fund boomers’ retirement goals. Keith C. Black, professor of investments at the Stuart School’s Center for Financial Markets, can talk about what boomers can do to increase their retirement portfolios. His number is (312) 906-5146.
Experts are available to assist with stories related to the fifth anniversary of the September 11, 2001 terrorist attacks in New York, Pennsylvania and Washington, D.C. and their impact on the U.S. economy, civil liberties, the military, international relations, privacy, immigration policies and financial markets. They can also discuss issues related to the USA Patriot Act, workplace discrimination, human rights, transportation security, electronic surveillance and student visas.
Downtown Campus Events
August 17-18: "Technology in Health Care in the 21st Century: Trends, Advances, Management & Challenges—What We Know and What We Need to Study" is the theme of the 5th annual Hospital of the Future conference hosted by Stuart School of Business’ Center for the Management of Medical Technology and co-sponsored by the Association for Health Care Technology and Management. Keynote speakers include Chicago public health commissioner Dr. Terry Mason, Medical Records Institute CEO C. Peter Waegermann, and Dr. William Yasnoff, founder and managing partner of National Health Information Infrastructure Advisors. For more information, please contact conference co-chairs Professor Eliezer Geisler, (312) 906-6532, or Professor Nilmini Wickramasinghe, (312) 906-6578, or visit the conference Web site: http://hof.stuart.iit.edu/.
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