""Actually, what is happening in all developed countries, including European countries and the U.S., what is happening is a big demographic change: an aging labor market.""
""There would be a decline of about 20 million workers within the next 15 years, representing about a 5% drop in the overall workforce.""
""Such fundamentally important jobs. But we don't have a good pipeline.""
The aging labor market is a significant concern for developed countries, including the U.S. and Europe. Indeed CEO Hisayuki Idekoba emphasized that demographic changes will have a more immediate impact than AI. Research indicates a decline of about 20 million workers in the U.S. over the next 15 years, with 80% of this decline attributed to aging workers. The U.S. faces a labor shortage, particularly in trades, exacerbated by reduced immigration and an insufficient pipeline for essential jobs.
Read at Fast Company
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