and its refusal to compromise on work-life balance as"problems" with the youngest generation in the workforce, experts say the generation's relatively small size is the real problem employers need to address.
Employers that fail to adapt could be in for years of hiring challenges, which could hamstring growth opportunities and limit productivity, among other consequences. Adapting is likely to require aHigher education institutions have been planning for the challenges posed by dropping birth rates for years.
“What is shocking is how many companies are still waiting it out. That this is going to get better. No, it’s not. It will get better than where we are now, but we have been at this trajectory for some time now,” said Ron Hetrick, a senior labor economist at Lightcast. “In terms of the next couple of years, this is what they need to start paying attention to,” Frey said.
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