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Showing posts from April, 2024

Where Have All the Children Gone?

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  Demographics are Destiny Mea culpa:  You know, i n all honesty I have been following this demographic time bomb for years, even while I was still working, but never believed it would happen. I was wrong.  Update 4/14 - As luck would have it, in today's Star Tribune was an another article by the columnist mentioned below about demographics. In this one he points out that contrary to popular belief, Minnesota is actually gaining people over 65. It's losing younger people that is hurting us. Taxes, schmaxes!  Unless you’ve been in a coma (or maybe retired) the last several years, you’ve seen or heard about the growing worker shortages.  “58%  of survey respondents found hiring to be “very” or “extremely” challenging.” RSM Consultants “Jerome Powell, the Federal Reserve chair, says the United States has a "structural labor shortage" that’s unlikely to be resolved anytime soon.”   “The US Chamber of Commerce claims there are over 10 million job openings in the US for whi