Labor Shortage has been ongoing and steadily increasing for more than 3 decades (due to low births, low fertility rates, fall in immigration, and very slow growth in the US Labor force.) $Cboe Volatility Index(VIX)$ $S&P 500(.SPX)$ $DJIA(.DJI)$ $NASDAQ(.IXIC)$
I do find it funny that public awareness of the issue is always 30 years too late. Although, if you were a Fed dork like me since high school I remember Alan Greenspan laying this out in the mid-1990s and even earlier in the early 1980s when he chaired a council to save Social Security.
For those in the know the labor shortage was already a known issue, which w/o a massive increase in productivity (capital deepening), and a massive increase in fertility rates in the late 80s, and early 90's, we were going to be screwed as Boomers started to retire beginning in mid-2000s lasting through the late 2020s.
Follow me to learn more about analysis!!
Comments