<Sarcasm> This is obviously the fault of George Bush and the Republic
party.  They are trying to make it difficult for employers to find
people so Congress will have to allow as many "foreign workers" in to
the country and support his agenda. </Sarcasm>

-----Original Message-----
From: HP-3000 Systems Discussion [mailto:[log in to unmask]] On
Behalf Of Denys Beauchemin
Sent: Tuesday, May 23, 2006 8:41 AM
To: [log in to unmask]
Subject: [HP3000-L] OT: Labor market

A few years ago, I posted about how the labor market was going to change
and
predicted upcoming labor shortages.

Unless you have been off the planet recently, or you are getting your
news
strictly from the antique media, you probably know the unemployment rate
in
the US stands at 4.7% and that jobs have been created at a ferocious
rate.

Last week, there was a story in USA Today talking about how this year
was
the best year for college recruitment by employers in a very long time.

Today, I found this report in the Palm Beach Post about employers who
cannot
find people to fill jobs.
http://www.palmbeachpost.com/business/content/business/epaper/2006/05/20
/m1a
_jobless_0520.html

I told you in my original post that there would be labor shortages
starting
in 2005-2006.  We are there now.  I will further go out on the limb and
predict that the labor shortage will probably be more acute than
previously
predicted and will probably impact the economy, which has been doing
extremely well over the last few years.

This is not to say that all is rosy for everyone, but on a national
scale
the predictions are bearing out; demographics tell the tale.

Denys

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