The only report with data-backed opportunities for navigating our current labor crisis
Our 2021 report The Demographic Drought took the world by storm. Featured in nearly every major publication (i.e. Forbes, New York Times, Wall Street Journal), we explored the people shortage that would change our world forever. One year later, we’re diving into the current state of the U.S. labor force, making predictions for 2022, and suggesting two opportunities for increasing the labor force participation rate.
Our population is increasing
This growth is misleading considering we will see more people exiting the labor force than entering it. By 2034, older adults will outnumber children for the first time in history.
Despite a growing population, labor force participation is down
Our labor force remains below pre-Covid levels, and, as yet, shows a slow willingness to return. We are missing just over 3.2 million workers from the labor force.
Secure your copy of the Demographic Drought
Build your plan for engaging the 6 million workers on the sidelines.
In a time of change and a desperate need for workers, people can only come from two sources. Will you rely on immigration to solve your problem or will you actively pursue unemployed and unengaged workers?