The Brain Drain

One of the major concerns of today's companies is the shortage of labor, especially in management. The baby boomers are nearing retirement age in the United States and the birth rate is dropping. These circumstances, coupled with the booming economy are the main causes of the labor shortage. There is a high demand for labor but the once seemingly bottomless pool of employees and managers that companies drew from has started to dry up. What …

…of the economy, the employer must continue to become more flexible and remain open to suggestions. Today's companies are on the right track. I believe that with proper management and forward thinking, we will be able to cope with the ever-increasing shortage of labor. Bibliography "Grey Dawn" by Peter Peterson Center for Strategic and International Studies Newsweek magazine Business Week magazine The Economist magazine St Petersburg Times Newspaper The United States Census Bureau CNN.com