Perfect Labor Storm Alerts #251 to #255

Fact #251: Although 41 million people are expected to enter the American workforce by 2010, 46 million college-educated baby boomers will retire in the next 20 years. (Source: Bureau of Labor Statistics)

Fact #252: A serious lack of skilled workers will begin in 2005 and grow to 5.3 million by 2010, and to 14 million by 2015. (Source: Bureau of Labor Statistics)

Fact #253: Employers estimate that 39 percent of their current workforce and 26 percent of new hires will have basic skills deficiencies. (Source: Bureau of Labor Statistics)

Fact #254: Sixty-five percent of all American employment now requires specific skills. (Source: Bureau of Labor Statistics)

Fact #255: Seventy-five percent of the American workforce will need to be re-trained merely to retain their jobs. (Source: Bureau of Labor Statistics)