Friday, February 14, 2014

Whaddya Know!! No Kids, No Prosperity!!

The second in a series.

Wisconsin has a population problem, and officials with the Wisconsin Manufacturers and Commerce are calling the employee outlook over the next 10 years "a crisis."

...The group plans to tackle issues such as migration in keeping talent, but they are equally as concerned about the impending shortage of workers.

"...the work force shortage is going to become a crisis in the very near future."

The number of people over the age of 85 is expected to grow by 141 percent by the year 2040 compared with the number reported in 2010. The number of baby boomers, those between the ages of 65 and 84, is also expected to grow by 91 percent in that same time frame.

[However], The number of people between the ages of 18 to 64 is only supposed to grow by about 0.4 percent.

So what does that mean in plain English?


...for Wisconsin, that means a shortage of workers is on the horizon since the number of additional jobs is expected to grow by 317,130 over the next 10 years and the number of additional workers in the next 30 years is expected to grow by 15,150.

So, ya' mean that 2.1 kids/family doesn't hack it?

The WMC folks should report on how many children THEY have in their families.  That might produce a very telling answer to the "crisis", eh?

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