On this episode of Trending in Training, Mike Palmer sits down with Josh Wright, Government Vice President of Development, Training and Authorities for Lightcast, to debate the way forward for work and workforce demographic shifts. We dive deep into Lightcast’s report “The Rising Storm: Constructing a Future Prepared Workforce to Stand up to the Looming Labor Scarcity.” Josh shares insights on the demographic drought dealing with the workforce, together with accelerated child boomer retirements, declining delivery charges, and lowering labor power participation.
We discover the potential impacts of those tendencies on varied industries and areas, in addition to attainable options similar to automation, immigration, and improved profession navigation. The dialog highlights the essential position of group faculties and native workforce improvement initiatives in addressing these challenges.
Key takeaways:
The US is dealing with a big workforce scarcity on account of demographic shifts, with impacts various by business and area.
Native, data-driven approaches to workforce improvement and training are important for addressing these challenges.
There’s a rising want for skills-based hiring and extra agile, adaptable coaching packages to organize staff for the altering job market.
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