Summary of The Workforce Crisis of 2030 – and How to Start Solving It Now

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Simple mathematics forecasts a looming global labor crisis. The workforce is aging, and by 2030, there won’t be enough personnel to fill jobs and keep major economies growing. While you may think technology provides the answer, human resources consultant Rainer Strack quickly deflates this optimistic idea. He has studied the numbers, and his solution involves a major attitude shift. getAbstract recommends this intelligent analysis to leaders of firms that require highly skilled employees now and in the future.

About the Speaker

Human resources consultant Rainer Strack is a senior partner at the Boston Consulting Group.

 

Summary

In 1964, 1.3 million babies were born in Germany; by 2013, just in excess of 600,000. Germany’s working population is aging, and most baby boomers will retire by 2030. If the country’s GDP and productivity continue to grow at a similar rate as during the past two decades, Germany faces a major labor shortage. Various calculations estimate that the deficit will account for eight million people, or 20% of the current workforce.

To close the labor gap, Germany must encourage immigration, add...


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    J. C. 2 years ago
    En Colombia también hay escasez de fuerza laboral formada en TIC. El gobierno se ha dado cuenta de ello y del las consecuencias del detrimento del petróleo en el PIB. Como plan de acción y yendo en contra de la recomendación del autor, el estado ha invertido en otros sectores productivos e incluso da becas para educación superior con el ICETEX. Invertir en el capital humano es provechoso , pero requiere músculo financiero y una estrategia aterrizada.
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    J. D. 5 years ago
    This really supports why CSOD will continue to be vital to companies who need to compete and grow.