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The Labor-Shortage Myth

By: Alison OverholtWed Dec 19, 2007 at 7:45 AM
When boomers start to retire, the theory goes, we'll see a job boom. Too bad it won't happen.

The real solution, of course, is more difficult. It requires companies to invest in the right technologies and in their own employees in order to stay ever more productive. It's not as sexy as a demographic crutch. It just happens to be the right answer.


Discussion Guide

Interested in further exploring some of the ideas and issues in this article? Consider starting a Fast Company reading group. Here are some possible conversation catalysts:

Alison Overholt addresses the notion that an aging population will swing working conditions in favor of younger workers in the upcoming years. Picture the age demographics at your company in 10 years. Do you envision any labor shortage due to an aging workforce? What steps can you take to prepare for it now? With retiring age being pushed off and Social Security at risk, will labor conditions turn pro-worker at any point in the future?

From Issue 85 | August 2004

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Recent Comments | 1 Total

October 1, 2009 at 7:31am by Yono Suryadi

The point is very clear. You made a thing that shown very well.

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