Neither. Demographics make you clairvoyant. :-)
It is still amazing to me that many people just want to ignore demographics
and that some are even living under the assumption the world is facing a
population explosion.
As many (most) countries face rapid population reduction over the coming
decades, the discussion is going to get intense.
Denys
-----Original Message-----
From: HP-3000 Systems Discussion [mailto:[log in to unmask]] On Behalf
Of Dave Gale
Sent: Tuesday, May 23, 2006 9:43 AM
To: [log in to unmask]
Subject: Re: [HP3000-L] OT: Labor market
So Denys, does this make you Psychic or Psychotic? I think they are the
same...... ;-)
Denys Beauchemin wrote:
> 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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>
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