Evaluation:
Published: 27.09.2004.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Essays 'Globilization', 1.
Extract

The experts think there will be an enormous skills deficiency in North America. Technology is part of the reason however an additional factor also may give a skills shortage: aging baby boomers. The next generation of workers is a much smaller group than the baby boomers. So as the boomers retire, there won't be enough skilled people to fill the jobs the baby boomers are vacating. A labor shortage is not the same as a skills shortage. A labor shortage refers to not having enough people to fill vacant positions. …

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