How Can the Global Labor Shortage be Addressed?
Many large economies across the globe are experiencing or will experience labor shortages over the next decade. How can countries address these gaps, and to what extent can artificial intelligence (AI) and immigration solve the workforce crisis? Join Steve Odland and guest Dana Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, to find out about the current state of global labor markets, the impact of an aging population, and potential solutions to labor shortages. 00:40 Welcome to C Suite Perspectives 01:11 Global Labor Market Outlook 02:12 Aging Population and Labor Shortages 05:23 Impact of Immigration on Labor Markets 08:30 AI and Automation in the Workforce 10:15 Regional Labor Market Differences 15:43 Solutions to Labor Shortages 18:21 Engaging the Domestic Workforce 29:49 Final Thoughts and Conclusion