Saturday, March 11, 2023

Shortage..

 

Labor shortages are already yielding a war for talent that is being fought between US cities and states, including assembly line workers, nurses and teachers. But the people wars are going to be global as well.

In China the population shrank last year for the first time since the 1960s. 

Russia’s war in Ukraine has prompted a historic exodus of people from both countries of which others like Germany and Poland are reaping the unfortunate workforce benefits. 

Other nations like Australia and Canada are mounting aggressive recruiting efforts for skilled migrants.

It’s all bound to have geopolitical consequences. Grand visions need people, and in too many economies around the world there just aren’t enough people to live up to the ambitions. Just a thought.

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