It’s (almost) time to get happy, hobos because there’s a superserious respectable labor economist-type thinker out there projecting there will be more jobs than people to fill them in the United States by 2018.
That’s right breadliners!
You are free to now fully embrace your unemployability and savor that soup kitchen flavor ‘cuz salvation is a mere 2,920 days away!!!
In his positively atrociously titled report (After the Recovery: Help Needed – The Coming Labor Shortage and How People in Encore Careers Can Help Solve It), equally atrociously titled Barry Bluestone, Dean of the School of Public Policy and Urban Affairs at Northeastern University, forecasts that within the next eight years there could be at least 5 million potential job vacancies in the United States.
And nearly half of them (2.4 million) in social sector jobs in education, health care, government and nonprofit organizations …
… assuming a return to healthy economic growth and no change in immigration or labor force participation rates, that is.
Did he sneak in an ‘assuming’ in there?
“If the baby boom generation retires from the labor force at the same rate and age as current older workers, the baby bust generation that follows will likely be too small to fill many of the projected new jobs.”
Did I sniff an ‘if’?
‘Assume’ + ‘If’ = UNCERTAINTY!!!
Ohh, but hang on there bums – there is a silverlining to Mr. Smartypants’ analysis.
His report is one of four released this week by MetLife Foundation and Civic Ventures, a think tank on baby boomers, work and social purpose. And all four soboringifyouhaveinsomniayou’llbeasleepinnotime reports come to the same conclusion:
Workers over 55 will be vital to meeting work force shortages.
Long about the time your retirement savings run out and you’ve surrendered or sold most of your assets to feed the members of your extended family and their families who had to move in with you just to get through the New Great Depression ™ – you’ll get to go back to work!
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