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Peak Labor
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Re: Peak Labor
by perdition79 » Sat 16 Dec 2006, 00:46:53
No labor means more technological intrusion: robot nurses, clothing sold in vending machines, automats replacing fast food restaurants, that sort of thing. I also think that the baby boomer generation won't be as quick to retire as the pre-war generation was. After all, not everyone in their 60's has a nest egg, an RV, a paid-off house, and all the other BS from investment firms' commercials.
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perdition79 - Tar Sands
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Re: Peak Labor
by Daculling » Sat 16 Dec 2006, 11:46:34
Have you considered that there may be few jobs to fill?
In any case I read somewhere that the average boomer is worth about $350K. This is not enough to retire on as far as I'm concerned.
Also, In speaking to boomers around my place of employment... lots of them do not plan to stop working after retirement age due to costs.
In any case I read somewhere that the average boomer is worth about $350K. This is not enough to retire on as far as I'm concerned.
Also, In speaking to boomers around my place of employment... lots of them do not plan to stop working after retirement age due to costs.
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Re: Peak Labor
by Zardoz » Sat 16 Dec 2006, 15:11:28
$this->bbcode_second_pass_quote('ElijahJones', '.')..many suppliers experience quality control problems
...adjusting to the knowledge drain
...the boomers retirement will force changes in the economy not only in the corporate knowledge and staffing side...
...adjusting to the knowledge drain
...the boomers retirement will force changes in the economy not only in the corporate knowledge and staffing side...
The company I work for primarily services the engineering and construction industry. More and more, we're seeing large construction projects routinely have major problems the likes of which were not seen before. Everybody's talking about it, and the consensus is nearly unanimous that the problem is the "knowledge drain".
The old guard is nearly gone. The industry is staffed with newcomers who are learning as they go along, and they're struggling. Worst of all is the engineering side, where we're seeing the firms staffed more and more by recent immigrants who have the degrees, and can pass the tests to get their licenses, but are sorely lacking in real experience.
Why so many immigrant engineers at the firms? Let's see if we can guess.
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Zardoz - Expert
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