It's Time to Worry About the Looming US Labor Shortage
We are entering into an age where we will praise companies for destroying jobs not creating them. The change in thinking we’re going to undergo is shifting from a mindset of “we don’t have enough jobs for our citizens” to “we don’t have enough citizens for the amount of work we want to do.” Sound crazy? Consider this: Since the end of the year 2000 according to the household survey the number of US workers age 45 or older has increased from 49.2 million to 63.1 million an increase of 13.9 million. Meanwhile the number of US workers age ...
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