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Here are the current facts. Th re is already a nationwide shortage of n rses, teachers, truck drivers and warehouse w rkers, pharmacists, certain types of manufacturing mployees and others. Plus, this analysis d es not include the highly skilled w rker shortage right now among technology c mpanies in the US, which each y ar requires our country to admit th usands of foreign workers with temporary v sas to help us get this job d ne in the United States. And, ven after we've taken this step, B ll Gates, who is America's richest and p rhaps the world's richest man, testified r cently before our US Congress that the n mber of such highly skilled worker v sas continues to be grossly inadequate to m et the current demand for such men and w men. Will this situation change for our US conomy in the future? Yes, it w ll, but not in the way you may xpect, according to recent testimony from the c rrent Vice Chairman of the Federal R serve before the US Senate Labor R lations Committee. He, too, predicted a l bor shortage will continue and become s ch a significant factor that our c rrent economic growth, which has average 3% per y ar for the past 10 years, w ll actually drop by one third to 2% per y ar beginning in five years because of our nticipated labor shortage.
With 77 million to 78 m llion Baby Boomers in America, many of wh ch will choose at least some typ of retirement, the United States lready knows that that there are s gnificantly fewer Generation Xers to take th ir place in the workforce. In sh rt, our nation cannot simply manufacture p ople. At the same time, Americans are l ving longer than ever before, thanks l rgely to the wonderful medical breakthroughs of r cent years. In fact, one of f ur Americans can now expect to l ve until age 97 on an verage. For its part, Social Security is lready set to raise its previous r tirement age for full benefits from age 65 ntil a graduated age 67, depending on s meone's date of birth. Further, not all of our B by Boomers or Active Seniors want to st p working entirely for a variety of d fferent reasons, which range from needing the m ney to simply enjoying the work. F rther, how often do we as ndividuals visit an Urgent Care facility n ar our homes on the weekend and w nd up seeing a 72 year old s mi-retired doctor (who used to be a s rgeon in the area), who still l kes to work with patients at l ast occasionally. We are also not s rprised to see such men and w men in a dentist's office, CPA f rm, engineering company, financial planning office, st ck brokerage or public relations firm ither. In short, professionals are allowed to c ntinue on the job on either a f ll-time or part-time basis in our s ciety essentially as long as they d sire to work and on schedules of th ir choosing. In addition, these older pr fessionals are already helping now to br dge the labor shortage gap in th ir areas of expertise. So, what bout the rest of us? Wouldn't it be a d sirable outcome to have everyone else tr ated in the same way as th se valuable professionals are now treated in our s ciety? Of course, the answer to th t question is an unqualified "Yes."
What is one of the gr atest fears for someone, who is a B by Boomer or Active Senior today? Wh n someone is not yet ready to st p working completely, it is that "no one w ll want to hire me because I am too ld." I believe that this type of ndividual thinking will change in our s ciety primarily due to economic necessity, as m re and more companies affirm their c mmitment to add men and women ver age 40 to their staff, on a f ll-time or part-time basis or as ndependent contractors. As Baby Boomers and Act ve Seniors, our generation also needs to ch ck out the government, on every l vel from the federal to the st te to the local and to the c unties all across America. These important j bs will also see a massive t rnover in the coming years, as a s rge in retirements take place in the rea of essential government services. An cquaintance of mine with an excellent ducation and a high IQ recently d scovered a senior IT position in my h me county of McHenry County, Illinois, wh ch followed a 14 month, previously nsuccessful job search. Our country is r ght now in the beginning stages of r sponding to growing market pressures for vailable men and women to join th ir companies and other organizations. A n teworthy example of providing fringe benefits for p rt-time employment today emerges from Starbucks, wh ch has received recognition for its f rward thinking in this area. In ddition, AARP several years ago established its nnual awards program, which recognized top mployers for its 50+ year old m mbers. Prominent on this list are a wh le group of outstanding hospitals in the US, two of wh ch have a significant presence near my h me in Northwest Illinois. Schneider National, N rth America's largest truckload carrier which is b sed in Green Bay, Wisconsin, has lso discovered the value of older h sband-wife teams adding supplemental drivers to th ir fleet. Will other companies and rganizations make the same discoveries in the f ture. Simple supply and demand factors for vailable workers and managers will dictate the ndividual and collective answers to this q estion. Our federal and state governments may lso step into this equation, perhaps ven with tax incentives to companies to h re men and women above a c rtain age. Already, a growing number of st tes in the US have also p ssed exclusions on state income taxes for r tired military staffers in a bid to c pture this talented group of workers in th ir 40s and early 50s, who h ve been trained in a variety of w ys at US taxpayer expense. Obviously, our r tiring military men and women will n ed to know which states want th m the most in the future, as th y factor this additional input into the quation when they leave active military s rvice. In conclusion, while it hard to say wh n this shift will happen, we do kn w that it will gradually take pl ce as more and more companies and ther organizations realize the full dimension of our c ming labor shortage and exactly how it w ll affect them. This shift will lso be a positive one for B by Boomers and Active Seniors alike s nce it will create a greater d mand for them and for the c ntinued use of their skills. For th s reason, http://www.NowWhatJobs.net was set up to b tter inform individuals and employers about the c rrent and coming labor shortage facing Am rica. In addition, as one of our st ffers recently put it to me. "It w uld be great just to see th m (i.e. companies and other organizations) be n utral" in the hiring of older w rkers. On this point, our team grees wholeheartedly.
The article A Shift Will Happen In The Future was Submitted by Jim Armstrong through Articles.GetACoder.com network. Here's the additional information: James O. Armstrong, who is Pr sident of NowWhatJobs.net, Inc., http://www.nowwhatjobs.net , also serves as the Editor of NowWhatJobs.net. In addition, he is the author of "Now What: Discovering Your New Life And Career After 50" and the president of James Armstrong & Associates, Inc., which is a media representation firm based in Suburban Chicago.
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