Is a Great Labor Shortage Coming?

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (255 download)

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Book Synopsis Is a Great Labor Shortage Coming? by : Richard Barry Freeman

Download or read book Is a Great Labor Shortage Coming? written by Richard Barry Freeman and published by . This book was released on 2006 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses the claim the the US faces an impending labor shortage due to the impending retirement of baby boomers and slow growth of the US work force, and that the country should orient labor market and educational policies to alleviate this prospective shortage. I find that this analysis is flawed, by making growth of GDP the target of economic policy and by paying inadequate attention to the huge supply of qualified low wage workers in the global economy. My analysis shows that the projections of future demands for skills lack the reliability to guide policies on skill development, and that contrary to the assumption implicit in the shortage analyses, demographic changes have not historically been consistently associated with changes in labor market conditions. I argue that if there is to be a shortage, the country should allow the competitive market to raise labor compensation rather than to adopt policies to keep labor costs low.

Workforce Crisis

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Publisher : Harvard Business Press
ISBN 13 : 1422146553
Total Pages : 280 pages
Book Rating : 4.4/5 (221 download)

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Book Synopsis Workforce Crisis by : Ken Dychtwald

Download or read book Workforce Crisis written by Ken Dychtwald and published by Harvard Business Press. This book was released on 2006-02-16 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unprecedented shifts in the age distribution and diversity of the global labor pool are underway. Within the decade, as the massive boomer generation begins to retire and fewer skilled workers are available to replace them, companies in industrialized markets will face a labor shortage and brain drain of dramatic proportions. Ken Dychtwald, Tamara Erickson, and Robert Morison argue that companies ignore these shifts at great peril. Survival will depend on redefining retirement and transforming management and human resource practices to attract, accommodate, and retain workers of all ages and backgrounds. Based on decades of groundbreaking research and study, the authors present innovative and actionable management techniques for leveraging the knowledge of mature workers, reengaging disillusioned midcareer workers, and attracting and retaining talented younger workers. This timely book will help organizations sustain their competitive edge in tomorrow’s inevitably tighter labor markets.

Get 'em While They're Hot

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Publisher : HarperCollins Leadership
ISBN 13 : 1418513571
Total Pages : 168 pages
Book Rating : 4.4/5 (185 download)

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Book Synopsis Get 'em While They're Hot by : Tony Zeiss

Download or read book Get 'em While They're Hot written by Tony Zeiss and published by HarperCollins Leadership. This book was released on 2010-09-20 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is your workforce strong enough to keep your company afloat? As the average worker’s skill levels decline, the labor supply is projected to decrease dramatically and exponentially--creating a skilled labor gap that the US Bureau of Labor Statistics estimates will leave our economy in need of tens of millions more workers. In his beneficial manual for businesses, Dr. Tony Zeiss shows your organization how to compete--aggressively--for the rapidly dwindling resource of skilled workers. As an experienced and award-winning educator, Zeiss has unique insights into the techniques that are necessary to attract, develop, and retain skilled and productive people to both public and private organizations. In Get ’Em While They’re Hot, you’ll examine how the right people can keep your products and services fresh and competitive, how to train your current workforce in the latest industry trends, and how to leverage and respond to job market changes to position your company for future success. The labor shortage is more than a hot-button political topic. This essential manual will help your company adjust to the challenges ahead, and do what is within its power to not only survive, but thrive.

The Coming Job Boom

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Publisher : iUniverse
ISBN 13 : 9780595604043
Total Pages : 98 pages
Book Rating : 4.6/5 (4 download)

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Book Synopsis The Coming Job Boom by : Bonnie Snyder

Download or read book The Coming Job Boom written by Bonnie Snyder and published by iUniverse. This book was released on 2008-02-19 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: New graduates and job hunters, listen up: The job market is about to get good. Very good. Experts agree that the job market of the next 10-15 years is shaping up to be hotter than anything we've ever seen before. Powerful demographic forces are suddenly shifting to create the perfect job opportunity for the next generation of workers. Consider the startling facts: * 76 million Baby Boomers will be heading into retirement during the next three decades and there are only 46 million Gen Xers to take their places. * The oldest Baby Boomers have already reached their sixties. * New Bureau of Labor Statistics data predict a shortage of ten million workers by the year 2010. Get ready for the largest workforce turnover in American history. Hospitals, schools, businesses, the government and colleges are all bracing for labor shortages on an unprecedented scale. If you (or your children) are going to be looking for a job-or a promotion-in the next decade, this is the opportunity you've been waiting for. Read for yourself the statistics about the great wave of retirements that is about to hit. Prepare yourself for the biggest job explosion of the century . Grab your copy of" The Coming JOB BOOM" today!

From Not Enough Jobs to Not Enough Workers

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Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (95 download)

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Book Synopsis From Not Enough Jobs to Not Enough Workers by :

Download or read book From Not Enough Jobs to Not Enough Workers written by and published by . This book was released on 2014 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The retirement of baby boomers will create labor shortages in mature economies worldwide. This report covers implications for companies and actions they can take.

The Myth of the Coming Labor Shortage

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Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Myth of the Coming Labor Shortage by : Lawrence R. Mishel

Download or read book The Myth of the Coming Labor Shortage written by Lawrence R. Mishel and published by . This book was released on 1991 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of the conventional wisdom that the economy will face a labor shortage was done in three stages. First, the demand side of the labor market was analyzed. Changes in the skill requirements of jobs from 1973-86 were examined as were those changes anticipated by projections of the Bureau of Labor Statistics for 2000. The conclusion was that skill requirements would rise in the 1990s due to shifts in the occupational structure, but at a modest rate that was significantly less than that for 1973-86. Second, expected trends in labor supply--the quantity and quality of the future work force--were analyzed. Conclusions were that a general labor shortage would not occur simply because the labor force would grow slowly in the 1990s and the changing demographics of the work force would not necessarily produce a serious shortage of adequately skilled workers. A problem with labor force entrants would probably be that the educational system will not have provided an adequate basis for future technological innovation and productivity growth. Third, the study examined recent and expected trends in wages and incomes to assess whether future trends would remedy the labor market problems. The conclusion was that wages would continue their sluggish growth and possibly fall for large portions of the work force. The key policy implication was that the "supply push" approach would not produce desired improvements in labor market performance or productivity. (Appendixes include a description of the methodology, 28 endnotes, and a 52-item bibliography.) (YLB)

Occupational Labor Shortages

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Publisher : W.E. Upjohn Institute
ISBN 13 : 0880994134
Total Pages : 229 pages
Book Rating : 4.8/5 (89 download)

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Book Synopsis Occupational Labor Shortages by : Burt S. Barnow

Download or read book Occupational Labor Shortages written by Burt S. Barnow and published by W.E. Upjohn Institute. This book was released on 2013 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Barnow, Trutko, and Piatak focus on whether persistent occupation-specific labor shortages might lead to inefficiencies in the U.S. economy. They describe why shortages arise, the difficulty in ascertaining that a shortage is present, and how to assess strategies to alleviate the shortage. Four occupations are used as test cases: 1) special education teachers, 2) pharmacists, 3) physical therapists, and 4) home health and personal care aides. For each of these occupations the authors summarize evidence that reveals whether it is currently or has recently experienced a labor shortage and suggest possible ways to alleviate the shortage if it is present. The authors close with a chapter discussing their conclusions and potential uses for occupational shortage data, including in helping determine immigration policy. They also discuss the limited nature of the occupational data currently collected by the Bureau of Labor Statistics and how the federal and state governments could expand their data collection efforts to assist policy formation."--Publisher's website

The Work of the Future

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Publisher : MIT Press
ISBN 13 : 0262367742
Total Pages : 189 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis The Work of the Future by : David H. Autor

Download or read book The Work of the Future written by David H. Autor and published by MIT Press. This book was released on 2022-06-21 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why the United States lags behind other industrialized countries in sharing the benefits of innovation with workers and how we can remedy the problem. The United States has too many low-quality, low-wage jobs. Every country has its share, but those in the United States are especially poorly paid and often without benefits. Meanwhile, overall productivity increases steadily and new technology has transformed large parts of the economy, enhancing the skills and paychecks of higher paid knowledge workers. What’s wrong with this picture? Why have so many workers benefited so little from decades of growth? The Work of the Future shows that technology is neither the problem nor the solution. We can build better jobs if we create institutions that leverage technological innovation and also support workers though long cycles of technological transformation. Building on findings from the multiyear MIT Task Force on the Work of the Future, the book argues that we must foster institutional innovations that complement technological change. Skills programs that emphasize work-based and hybrid learning (in person and online), for example, empower workers to become and remain productive in a continuously evolving workplace. Industries fueled by new technology that augments workers can supply good jobs, and federal investment in R&D can help make these industries worker-friendly. We must act to ensure that the labor market of the future offers benefits, opportunity, and a measure of economic security to all.

Oregon Blue Book

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Publisher :
ISBN 13 :
Total Pages : 208 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Oregon Blue Book by : Oregon. Office of the Secretary of State

Download or read book Oregon Blue Book written by Oregon. Office of the Secretary of State and published by . This book was released on 1919 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Small Business and the Coming Labor Shortage

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Publisher :
ISBN 13 :
Total Pages : 156 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis Small Business and the Coming Labor Shortage by : NFIB Foundation

Download or read book Small Business and the Coming Labor Shortage written by NFIB Foundation and published by . This book was released on 1992 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Building America's Skilled Technical Workforce

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Publisher : National Academies Press
ISBN 13 : 0309440068
Total Pages : 259 pages
Book Rating : 4.3/5 (94 download)

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Book Synopsis Building America's Skilled Technical Workforce by : National Academies of Sciences, Engineering, and Medicine

Download or read book Building America's Skilled Technical Workforce written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-06-04 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: Skilled technical occupationsâ€"defined as occupations that require a high level of knowledge in a technical domain but do not require a bachelor's degree for entryâ€"are a key component of the U.S. economy. In response to globalization and advances in science and technology, American firms are demanding workers with greater proficiency in literacy and numeracy, as well as strong interpersonal, technical, and problem-solving skills. However, employer surveys and industry and government reports have raised concerns that the nation may not have an adequate supply of skilled technical workers to achieve its competitiveness and economic growth objectives. In response to the broader need for policy information and advice, Building America's Skilled Technical Workforce examines the coverage, effectiveness, flexibility, and coordination of the policies and various programs that prepare Americans for skilled technical jobs. This report provides action-oriented recommendations for improving the American system of technical education, training, and certification.

Foreign Help Wanted

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Publisher : International Monetary Fund
ISBN 13 : 151353064X
Total Pages : 21 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Foreign Help Wanted by : Mr.Giovanni Ganelli

Download or read book Foreign Help Wanted written by Mr.Giovanni Ganelli and published by International Monetary Fund. This book was released on 2015-07-30 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: Data and anecdotal evidence suggest that Japan is suffering from labor shortages, which are large in an international perspective, have a negative impact on potential growth, and reduce the effectiveness of monetary and fiscal stimulus. This paper focuses on policy options to ease Japan’s labor shortages. In particular, we focus on possible measures to increase reliance on foreign labor. Other policy recommendations to deal with shortages include policies aimed at increasing female labor participation, encouraging wage growth, increasing investment, as well as training and other active labor market policies.

The Once and Future Worker

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Publisher : Encounter Books
ISBN 13 : 1641770155
Total Pages : 230 pages
Book Rating : 4.6/5 (417 download)

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Book Synopsis The Once and Future Worker by : Oren Cass

Download or read book The Once and Future Worker written by Oren Cass and published by Encounter Books. This book was released on 2018-11-13 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: “[Cass’s] core principle—a culture of respect for work of all kinds—can help close the gap dividing the two Americas....” – William A. Galston, The Brookings Institution The American worker is in crisis. Wages have stagnated for more than a generation. Reliance on welfare programs has surged. Life expectancy is falling as substance abuse and obesity rates climb. These woes are not the inevitable result of irresistible global and technological forces. They are the direct consequence of a decades-long economic consensus that prioritized increasing consumption—regardless of the costs to American workers, their families, and their communities. Donald Trump’s rise to the presidency focused attention on the depth of the nation’s challenges, yet while everyone agrees something must change, the Left’s insistence on still more government spending and the Right’s faith in still more economic growth are recipes for repeating the mistakes of the past. In this groundbreaking re-evaluation of American society, economics, and public policy, Oren Cass challenges our basic assumptions about what prosperity means and where it comes from to reveal how we lost our way. The good news is that we can still turn things around—if the nation’s proverbial elites are willing to put the American worker’s interests first. Which is more important, pristine air quality, or well-paying jobs that support families? Unfettered access to the cheapest labor in the world, or renewed investment in the employment of Americans? Smoothing the path through college for the best students, or ensuring that every student acquires the skills to succeed in the modern economy? Cutting taxes, expanding the safety net, or adding money to low-wage paychecks? The renewal of work in America demands new answers to these questions. If we reinforce their vital role, workers supporting strong families and communities can provide the foundation for a thriving, self-sufficient society that offers opportunity to all.

The Race between Education and Technology

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Publisher : Harvard University Press
ISBN 13 : 0674037731
Total Pages : 497 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis The Race between Education and Technology by : Claudia Goldin

Download or read book The Race between Education and Technology written by Claudia Goldin and published by Harvard University Press. This book was released on 2009-07-01 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the nineteenth century. The book argues that technological change, education, and inequality have been involved in a kind of race. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This had the effect of boosting income for most people and lowering inequality. However, the reverse has been true since about 1980. This educational slowdown was accompanied by rising inequality. The authors discuss the complex reasons for this, and what might be done to ameliorate it.

Aging and the Macroeconomy

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Publisher : National Academies Press
ISBN 13 : 0309261961
Total Pages : 230 pages
Book Rating : 4.3/5 (92 download)

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Book Synopsis Aging and the Macroeconomy by : National Research Council

Download or read book Aging and the Macroeconomy written by National Research Council and published by National Academies Press. This book was released on 2013-01-10 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States is in the midst of a major demographic shift. In the coming decades, people aged 65 and over will make up an increasingly large percentage of the population: The ratio of people aged 65+ to people aged 20-64 will rise by 80%. This shift is happening for two reasons: people are living longer, and many couples are choosing to have fewer children and to have those children somewhat later in life. The resulting demographic shift will present the nation with economic challenges, both to absorb the costs and to leverage the benefits of an aging population. Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.

HRM and Performance

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Publisher : Oxford University Press, USA
ISBN 13 : 9780199273911
Total Pages : 292 pages
Book Rating : 4.2/5 (739 download)

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Book Synopsis HRM and Performance by : J. Paauwe

Download or read book HRM and Performance written by J. Paauwe and published by Oxford University Press, USA. This book was released on 2004 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a thought-provoking book for HRM students, academics and practitioners alike. It adopts a broad perspective that takes into account not only the strategic dimension of HRM, but the professional & societal dimension, & combines academic research with a focus on practical conclusions & recommendations.

Untapped Talent

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Publisher : HarperCollins Leadership
ISBN 13 : 1400223105
Total Pages : 288 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Untapped Talent by : Jeffrey D. Korzenik

Download or read book Untapped Talent written by Jeffrey D. Korzenik and published by HarperCollins Leadership. This book was released on 2021-04-13 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tens of millions of people in the U.S. with criminal records are highly talented, reliable, and eager to work. Implement these second chance hiring practices to give your company a significant competitive advantage over those that do not. Researched, tested, and written by the chief investment strategist of one of the country’s leading business banks, Jeffrey Korzenik includes dozens of examples of businesses that have successfully implemented the second chance hiring practices outlined in this book. Korzenik shows those companies that have learned to go beyond the label and to evaluate the qualities of the individual applicant have tapped into an often-overlooked source of loyal and productive talent. In Untapped Talent, you will: Understand what goes into a successful second chance hire, from the support that will be needed internally to the resources that are available from outside agencies. Learn how businesses from a variety of industries have instituted successful second chance hiring programs and how this has positively impacted their culture and bottom line. Gain practical onboarding and coaching strategies that will help ensure a smooth transition and a productive, happy new employee. Acquire relevant knowledge of the criminal justice system to provide context in identifying the potential of second chance hiring. Your path to a loyal, engaged, and productive workforce starts with the clear competitive advantage you’ll gain by implementing the second-chance hiring practices within Untapped Talent.