Labor Shortage 8

Much of what passes for generational change is really related to the demographics of the Labor Shortage. Where the baby boom represented a fantastic level of population growth, the Gen Y – Millennial boomlet is just replacement bodies for the boomers.

That little difference is extremely significant. Where the baby boom was a good deal larger than its predecessor generation (The Silent Types), the Gen Y boomlet is virtually a one for one replacement. The economy had to grow to accommodate boomers and boomer women.

John Sumser's Recruiting Roadshow

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