Talent and Labor 

If you have worked with us on research leading to a white paper, or if I have had the privilege of addressing your audience with one of my demographic keynote presentations, you know that we are keenly aware and sensitive to what keeps you up at night. We have questioned you about this from the start. We don’t want to just discuss your problems and issues; we want to solve them. It is a ROI for you. 

Do we sense patterns with our client’s problems and issues? Of course we do. The two issues that boil to the surface (relevant to demographics/populations), are, available talent, and labor pool (or rather the lack there of). This problem is dominant and pervasive in the U.S. at the present. 

We need talent and labor in the United States. Sometimes there is plenty, and sometimes there is not. So, what is going on? Let’s make some assumptions. If we were experiencing a national economic depression, where jobs simply dried up like in the 1930’s Great Depression, labor and talent would probably be plentiful. True? However, we are not in an economic depression, so that’s not the case. We are experiencing the opposite. A shortage of talent and labor.

Why?

The simple answer is the U.S. population is not uniform or level, relative to age. Whole 20-year sections of our population suffer from soaring heights and crashing lows. Some 20-year generations are small, like the 69 million live birth Generation X, born 1965 to 1984. Gen X resides age wise in the prime labor, talent age of 42 to 61 years old. Some Generations are large, like the 80 million Baby Boomer Generation, born 1945 to 1964. It’s simple math really. As Baby Boomers, aged 62 to 81 years old reach their seventies, retire and leave the labor force, Generation X is simply too small to replace them.  

So where did we get the labor necessary to run our great country? Immigrants! Yes, immigrants! We currently have close to 70 million Hispanic/Latinos in the United States, most under 40 years old, and they are reproducing at a higher rate than indigenous folks. In addition, we have 20 million Asians, including about 5 million high net worth Chinese. We also have about 5 million highly educated Asian Indians. India sends us their best and brightest! 

Yes, things have a way of working out. Generation Y Millennials, born 1985 to 2004, a huge very diverse generation of 88 million 22- to 41-year-olds will solve our labor and talent issues for decades to come. They are educated and in debt. We need to fix the debt issue and we will. 

Remember the United States is a Nation of Immigrants.



It is our strength and why we are great!  

God Bless America!

There is a collision of two huge intersecting phenomena, radically shifting demographics, both nationally and worldwide, and Artificial Intelligence, A.I. How these two will influence each other is still a bit of a mystery, but we can draw some conclusions. The world's population , about 8 billion, will continue to grow to about 10 billion in this century and then reverse based on very low fertility. 75% of the countries of the world are not having enough children to replace ourselves at 2.1 fertility. Sub Sahara Africa at 6 plus fertility is an exception. The world's population will get significantly older and be very dependent on the labor from the shrinking younger part of the population.

Elon Musk believes that A.I. will save the day by providing the economic energy to provide for the elderly and other dependents. Humans will no longer have to work. Really? I wish that was true. A.I. may prosper the world by inexpensively providing mass value, but it doesn't increase fertility, in fact it does the opposite. So populations will continue to shrink and then what? That is the unanswered question!

 “Approximately 75% of countries worldwide now have fertility rates below the replacement level of 2.1 children per couple. One major exception is Sub Saharan Africa, where fertility rates in several regions remain above six children per woman.

Some analysts attribute this difference to varying levels of technological development and economic modernization. 

If increased access to technology and modern infrastructure were introduced more broadly in these regions, it is possible that economic performance would improve, at least in the short term. However, based on global demographic patterns, it is also likely that fertility rates would decline significantly as development progresses, potentially leading to the same long term demographic challenges currently faced by many other parts of the world.” 


-Ken Gronbach

1.How many babies are born each year in the world? 

A. 300 million 

B. 150 million 

C. 75 million 

D. 50 million 

2.What country produces the most babies per year? 

A. China 

B. Russia 

C. India 

D. United States 


3.How many people die each year in the world? 

A. 100 million 

B. 75 million 

C. 65 million 

D.45 million 

4.How many couples in the world get married each year? 

A. 4 million 

B. 3 million 

C. 2 million 

D. 1 million 

How will demographic change influence demand in your sector, your organization or your individual business? Is your end user aging out and moving on, or will demand increase because of shifting demographics? Where is the new source of talent? Ken Gronbach’s company, KGC Direct LLC, produces very valuable, but affordable, custom white papers based on existing demographic research. Formulate your new strategic plan based on real reliable demographic data.

Call or email Ken for a quote.

Elizabeth@KGCDirect.com or call (860)918-0284

Ken@KGCDirect.com or call (860)558-7757

Hire world respected demographer Kenneth W. Gronbach to keynote your next event. Does your audience need a post Covid wake-up call? Do they need to be brought back to the positive, new, and accurate

demographic reality of what’s next?

Let your audience experience Ken’s

unique blend of data based demographic facts,

inspiration, and entertainment.

Contact:

Elizabeth@KGCDirect.com or call (860)918-0284

Ken@KGCDirect.com or call (860)558-7757