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The Risk of Future Labor Shortages in Different Occupations and Industries in the United States

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  • Gad Levanon
  • Ben Cheng
  • Michael Paterra

Abstract

In the next 10 years, there is likely to be a tight labor market, largely due to the ongoing retirement of baby boomers. This paper focuses on the details of occupations, industries, and regions in which there will be the highest risk of labor shortages in the United States. Twelve determinants of labor shortages were investigated to compile indices of labor shortage risk. These indices are presented and discussed for those occupations and industries that face the highest risks of labor shortages.

Suggested Citation

  • Gad Levanon & Ben Cheng & Michael Paterra, 2014. "The Risk of Future Labor Shortages in Different Occupations and Industries in the United States," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 49(4), pages 227-243, October.
    • Handle: RePEc:pal:buseco:v:49:y:2014:i:4:p:227-243
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    Cited by:

    1. Groiss, Martin & Sondermann, David, 2023. "Help wanted: the drivers and implications of labour shortages," Working Paper Series 2863, European Central Bank.
    2. Jeb S. Fields & James S. Owen & Alexa Lamm & James Altland & Brian Jackson & Lorence Oki & Jayesh B. Samtani & Youbin Zheng & Kristopher S. Criscione, 2023. "Surveying North American Specialty Crop Growers’ Current Use of Soilless Substrates and Future Research and Education Needs," Agriculture, MDPI, vol. 13(9), pages 1-17, August.

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