Wave of retirements leaving some industries desperate to hire
The aging workforce also helps explain the confounding nature of the economy right now.
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The aging workforce also helps explain the confounding nature of the economy right now.
Replenishing a workforce diminished by a surge of retirements that began during the pandemic is a growing problem, especially in construction, manufacturing, nursing and some professions like accounting.
Across the U.S. economy, a number of industries are facing the same formidable challenge: Replenishing a workforce that is being diminished by a surge of retirements that began during the pandemic and has continued since
A surge of retirements, along with a slowdown in immigration that began during the pandemic, are the primary factors behind the labor shortages that continue to bedevil many employers.
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