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From Not Enough Jobs to Not Enough Workers: CHRO Implications
September 2014 | Publication
The retirement of the baby boomers will create a shortage of skilled workers in mature economies over 15 years, leading to higher wages and lower corporate profits. CHROs will be front and center as companies rethink their approaches to all phases of human capital management. This CHRO Implications outlines actions they can take to mitigate shortages and protect profits. The Conference Board Future Occupational Labor Shortage Index, a tool for determining labor shortage risk for 464 occupations and 266 industries in the United States, helps CHROs and others in their organization predict where and when shortages will require action.