Get ready for the coming employment roller coaster

las786:

For third and second worlders; first world companies usually start at overseas interests with all scaling and structuring activities.

Originally posted on Gigaom:

We have a serious problem, a very, very serious problem and its related to how we recruit, hire, train, and retain employees for many modern and critical roles. Based on anecdotal evidence I believe we are rapidly approaching a point where 15-30 percent of our work force could be “worked” out of a job in any given eight to ten-year period.

That would mean up to 45 million Americans looking for replacement roles in any ten-year span. Yes, my numbers were developed anecdotally from previous experience in combination with information from the Bureau of Labor Statistics. As an example in 2002 there were roughly 15 million manufacturing roles. When you combine that with operations oriented IT or service oriented roles you can quickly come up to 45 million affected positions.

It gets worse, not better.

The first world has been lucky. We had the last 100 years to help folks…

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