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To: Lizzie Tudor who wrote (64597)9/15/2003 8:43:40 PM
From: RetiredNow  Respond to of 77400
 
Hi Lizzie, yes that's the article I was talking about in Business Week. Interesting, isn't it? It went on to predict that we will start seeing the first shortages in 2005 and that it will really accelerate into 2008. So hang tight, because if they are right, then we will see wage reinflation starting in a couple of years! :)



To: Lizzie Tudor who wrote (64597)9/15/2003 9:52:23 PM
From: Paul V.  Read Replies (2) | Respond to of 77400
 
Lizzie, >within two years a skilled labor shortage will begin as the first baby boomers start to reach retirement age, and by 2010, the country's labor shortage will become acute.<

but will the baby boomers be able to retire since they will have lost a large part of their 401 K and retirement? Have you read Dent's "The Roaring 2000-Investor?" He suggests that our economy will be in the pits with the economic power house being in China and India.


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