Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
The workforce is facing a significant generational imbalance as older workers retire and younger generations are not filling the gaps. Indeed's chief economist, Svenja Gudell, highlights that this mismatch is causing strain across various industries. As demographic changes continue, companies may need to adapt by automating certain roles to attract younger talent.
- ▪The aging population in the U.S. is leading to a shortage of young workers to fill critical roles.
- ▪By 2031, workers aged 55 and up will make up over 25% of the workforce in many industrialized countries.
- ▪Younger generations are showing less interest in traditional roles, creating a supply gap in sectors like skilled trades and healthcare.
Opening excerpt (first ~120 words) tap to expand
The modern workforce has no shortage of white-collar tensions—from return-to-office mandates to AI anxiety and Slack etiquette wars. But another issue is quietly creeping into the workforce—one rooted not in technology or bureaucracy, but in age. America’s population is aging rapidly, and there aren’t enough young workers to backfill their critical roles; Svenja Gudell, chief economist at Indeed, says the generational imbalance is straining the workforce. Recommended Video “We’re entering a new phase of a great mismatch,” Gudell recently said onstage at Fortune’s Workplace Innovation Summit.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Fortune.
Discussion
0 commentsMore from Fortune
