WORKING: The Pendulum Swing - Labor Shortages Coming Soon?
Some economists say the United States is facing a labor shortage in the next 10 to 15 years, in part because there’s about to be a mass exodus in the workforce as baby boomers finally retire.
That’s going to mean opportunity for Gen X-ers and millennials who’ve been waiting for their chance.
“You might feel squeezed right now, but you’re going to have a heckuva lot of opportunity in about the next 10 years,” says Brandon Smith, a career consultant and workplace coach who also teaches at Emory and Georgia State universities.
“[There will be] way more openings than there are people. Immigration may be filling some of that void, but you’re going to see a huge demand.”
What kind of demand younger workers can expect, and how they can be ready, on this week’s Working on GPB Radio.