We are at a critical inflection point when it comes to work, and we’re not talking enough about the ways leadership must change in step with it.
There’s a talent crisis in the U.S., leaving in-demand roles unfilled. The latest jobs report tells us there are 7.7 million job openings. Even if we mapped every person looking for a job to one of those openings (qualifications aside), there would still be over 2 million jobs that need filling. Add to this the fact that 75 million baby boomers are expected to retire by 2030, while only 50 million jobs are expected to be filled by Gen Z. Reinforcing this grim forecast is the prediction that population growth in the U.S. will outpace labor force growth by nearly 8 to 1 in the next eight years. You don’t have to have a data science background to see that these numbers signal a potential labor disaster.
