The growth of the working age population in the current decade, from 2020 to 2030, will be the lowest since the Civil War. Lower immigration than previously expected dominates the labor force issue. Hiring and retaining workers will be a dog-eat-dog, employer-eat-employer effort.
The ability to succeed in this competition will differentiate successful companies from laggards. The keys to business success in this environment are employee productivity, retention and recruiting.