20 August, 2014 | (01 hr)
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Evolving labor shortages are likely to squeeze corporate profits in the next 15 years as compensation growth picks up and retention rates drop. As in the late 1990’s, many businesses may experience a decline in corporate profits despite continued growth in revenues. The impact of labor shortages will vary significantly by occupation and industry.
This webcast will explore the results of an upcoming study which will reveal the economic and business implications of the looming shortages, with a specific focus on hiring, retention, compensation and corporate profits.
Gad Levanon, Ph.D.
Gad Levanon is chief economist, North America for The Conference Board, where he oversees the labor market, US forecasting, and Help Wanted OnLine© programs. His research focuses on trends in US and global labor markets, the US economy, and forecasting using economic indicat...Full Bio
Amy Lui Abel, Ph.D.
Amy Lui Abel is Managing Director of Human Capital at The Conference Board. She leads research efforts focusing on human capital analytics, leadership development, labor markets, strategic workforce planning, talent management, diversity and inclusion, human resources, and employee engagement.&nb...Full Bio