Artificial Intelligence—Labor’s Long-Term Fix

The labor shortage that has em-erged with the pandemic poses a major dilemma for the U.S. economy, and indeed, the global economy. Labor shortages gradually have increased but accelerated due to the pandemic. A 2014 report by Carnevale, Smith, and Strohl stated that total U.S. employment would increase to 165 million from 141 million in the 10 years from 2010-’20. The same report predicted the U.S. economy would fall short by 5 million post-secondary-educated workers by 2020. Demand also was expected to exceed the supply of employees at the lower end of the wage scale. For the period of 2019-’29 ...

This content is an exclusive benefit for TRSA members.

If you’re a member, log in and you’ll get immediate access.

If you are not yet a TRSA member, please join today to get access to this content and much more. You can also contact TRSA at 877.770.9274.

Join