How is it that we have 8 billion people on Earth, and yet it seems like almost all businesses and services are short-staffed?

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How is it that we have 8 billion people on Earth, and yet it seems like almost all businesses and services are short-staffed?

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Anonymous 0 Comments

There’s some super interesting things going on in the world right now. First and foremost is our population has taken a major swing. Over the last 50 years the birth rate has typically been higher in most countries then the death rate/retirement rate. Think baby boomer generation and prior. We’ve consistently been growing in population size. This has meant that there have been enough people to fill all the jobs that needed to be filled. But over the last decade or so it’s started going the other way. There are more people retiring then there are people moving into the workforce. Like some other users have mentioned here as a country develops and urbanizes family size typically gets smaller. When you live in a rural community on a farm you have a bunch of kids so you have someone to take care of the farm and you as you age. As people move into cities you don’t need to do that nor is it economical to do that. So that’s what happened over the last few decades around the world (Generally Speaking). This means more people are retiring from the workforce then we can fill. Covid really kickstarted the issue too. Lots of people that were getting close to retirement decided to retire during the pandemic and left a large hole in the workforce. There weren’t people ready to fill those positions. There are a lot of interesting articles on this and it’s going to be a major issue over the next couple of decades. How are we going to fill the positions that are open and take care of an aging populace?

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