As the millions of baby boomers retire, the United States economy will make a move focusing on leisure, according to writer and economist Linda Nazareth. Nazareth is the author of “The Leisure Economy,” a book about how changing demographics, economics, and generational attitudes will reshape lives and industries.

The Leisure Economy offers a provocative and insightful look at the coming sea change in the North American economy. As this exodus away from full-time employment, the U.S. and Canadian economies will be flooded with people who literally have time on their hands.

And in the workforce, the boomers will be replaced by generations with very different attitudes from the boomers. Gen X and Gen Y understand the worth of leisure time-and when they’re in charge, they just might demand some.

The shift away from an intense focus on work towards leisure will make for some profound shocks to our lives, industries and institutions. Lost in the day-to-day frenzy of the time-crunch economy, many have yet to consider what lies ahead and what these changes really mean.

For businesses, the shock will be the rudest, but whether you are an investor, a consumer, a business owner or a worker, you need to stay ahead of the curve.

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