Back In Business: After
all, if more immigration raises wages, wouldn't fewer immigrants
lower wages? Would employers really mind that outcome so much? Can't
these people get their story straight?
Amid labor shortage, job fair series targets older
workers: Older workers and retirees,
previously overlooked by companies, are starting to get more
attention from employers faced with labor shortages caused by the
mass exodus of baby boomers from the work force.
The
"labor shortage" fallacy: When people
aren't willing to supply labor at a given wage, you get a shortage,
just as when the price of oil is too low, oil companies aren't
willing to invest in new refineries.
A Critical Shortage of Nurses:
The U.S. is facing a severe nursing shortage. Already, an estimated
8.5% of the nursing positions in the U.S. are unfilled—and some
expect that number to triple by 2020 as 80 million baby boomers
retire and expand the ranks of those needing care.
Shrinking workforce 'needs to work smarter'
The New Zealand Department of Labour estimates that between 2006 and
2017, the labour force will need to grow by 1.5 per cent a year to
support moderate economic growth of 2.5 per cent a year.
Preparing for a Future Labor Shortage:
A systemic labor shortage occurs when the overall number of new job
openings exceeds the number of qualified new entrants in a national
economy for a sustained period of years. By definition, systemic
labor shortages spread across a wide range of occupations and skill
groups. Systemic labor shortages have been recorded historically
when nations transition from wartime economies to peacetime
economies, when widespread health problems or plagues devastate an
economy, or when major innovation cycles such as the Industrial
Revolution transform work organizations. Today, national and global
demographic changes are a potential catalyst for a long-term
systemic imbalance.
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