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Adapting to Talent Shortages: 3 Strategies for Employers as the Labor Force Shrinks

Experts suggest that demographic changes, rather than AI, may pose a greater risk to the labor market. Svenja Gudell, Indeed’s chief economist, points out that labor shortages from falling fertility rates, rising baby boomer retirements, and declining immigration are significant concerns, as evidenced by the civilian labor force shrinking from 171.5 million to 169.7 million between December and January.

Map of the USFrancis Scialabba

Do you think AI is the biggest threat to the labor market? Experts say, think again, it might be a smaller piece of the problem

Demographic changes may actually pose a greater risk, according to Svenja Gudell, Indeed’s chief econom

ist.Labor shortages stemming from falling fertility rates, rising baby boomer retirements, and declining immigration loom large over the US job market. The civilian labor force shrank from 171.5 million to 169.7 million between December and

https://www.hr-brew.com/stories/labor-force-shortages-three-practices-to-adapt?utm_source=&utm_medium=syndication&utm_campaign=feed

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