Short Term Focus Blind to Coming Shortages
October 19th, 2005Labor shortage? Look to next decade, experts say
-Randy Southerland, Atlanta Business Journal
While predictions of a labor shortage have produced considerable hand-wringing in the press, experts say that business and industry, who now have their pick of workers for the first time in years, are doing nothing to prepare for a return to 1990s-style shortages.
“They can see the stats, but they don”t realize the impact. And even if they are starting to consider it, they say, ”We can’t worry about that now,” ” said Art Schoeck, president of Data Dome Inc., a work force evaluation and coaching firm. Many businesses, particularly publicly held companies, are focused on short-term profits and have largely avoided developing a recruiting policy that can attract workers in a tight labor market.
Almost three years later, we still don’t see significant changes in company policies.
