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From Not Enough Jobs to Not Enough Workers: What Retiring Baby Boomers and the Coming Labor Shortage


September 2014 | Research Report

The retirement of baby boomers will create a shortage of skilled workers in mature economies worldwide, leading to higher wages and lower profits for the next 15 years. Is your company at risk of labor shortages? It depends on occupations, geographies, automation, and immigration, among other factors. The Conference Board has developed an index that helps companies forecast their risk of labor shortages in hundreds of occupations and industries in the US and Europe. This report discusses implications for companies and mitigating actions they can take.

Explore our full portoflio of thought leadership on labor shortages here.


AUTHORS

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Gad Levanon, PhD

Vice President, Labor Markets
The Conference Board

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Bert Colijn

Senior Economist, Europe
The Conference Board

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Ben Cheng

Senior Methodologist, Data Analytics
The Conference Board

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Michael Paterra

Research Assistant
The Conference Board


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Gad Levanon, PhD

Vice President, Labor Markets

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Jeanne Shu

Associate Director, Help Wanted Online®

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Ben Cheng

Senior Methodologist, Data Analytics

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Elizabeth Crofoot

Senior Economist, Labor Markets

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Agron Nicaj

Associate Economist

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