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The ongoing labour shortage is threatening Canada's economic growth prospects, a new report says, as more than half of small and medium-sized businesses struggle to find workers.
I believe this is going to be an issue for the next decade," he said. "For the next five to 10 years, millions of baby boomers are going to retire. They're going to be leaving the labour force by the millions, which is why it's very important for businesses to understand this is a long-term issue and adopt different solutions than those you would use if you thought it was a temporary problem."
originally posted by: joejack1949
One of the issues we're having in Canada is that boomers are retiring from these jobs that traditionally could support a mortgage, family, kids, cottage, new cars, retirement savings, travel, etc. Those same jobs barely cover rent nowadays. What's the point in working a stressful managerial role when your quality of life is drastically lower than your predecessors?
originally posted by: network dude
what's the option then? Collect government cheese?
originally posted by: JAGStorm
This link is about Canada but it applies to the US too.
The excuse that the stimulus is keeping people from working will only work so long. Many places have done away with it already and it hasn’t helped labor issues.
originally posted by: EndtheMadnessNow
a reply to: JAGStorm
This morning the contractors or should say A contractor arrived to rip up my downstairs flooring and install a new linoleum flooring. This entails ripping out old carpet and old linoleum and patching the floor where needed. I asked when is your helpers arriving?
I'm it he says. What? Everyone on vacation? He says, nope, we are unable to find anyone who wants to work, not even for unskilled manual labor. He also said they have a backlog of work sites going out 9 months. WTF? He says in their 30 year history of business they have NEVER had this problem...it's always been the opposite. They even increased the hourly wage and still cannot get anyone. I live in a tiny rural US town, but have cities to the east & west of me that are within 25 miles. The demographics for the whole area are a mix of very young, many millennials and retired. Many of the restaurants around me, even just take-out only are only open 3-4 days a week. How much longer before we have a full-on collapse? The middle middle-class won't be able to prop up society much longer.