Help Wanted: What Looming Labor Shortages Mean for Your Business—CEO Implications

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Help Wanted: What Looming Labor Shortages Mean for Your Business—CEO Implications

People and Culture

Author: Conference Board Inc., New York

$210.00

Does your C-suite have a strategy for protecting talent and profits during a prolonged labour shortage? It’s time to identify your areas of vulnerability and plan for hiring and retaining talent. An unprecedented confluence of trends—historically low productivity growth and massive baby boomer retirements—has set the stage for shortages that will hit across regions and industries. Our latest research identifies probable variations in the labour market within the United States and across the globe and from industry to industry. Leaders can prepare by identifying their risk and seeking out new sources of talent.

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New sources of labour should be top of mind for CEOs as they contemplate protracted labour shortages. These shortages will hit most industries, pinching profits and prolonging the economic slowdown.

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