RAPIDLY DECLINING WORKFORCE POPULATION
WAREHOUSING EDUCATION AND RESEARCH COUNCIL
Confronting the talent crisis
Re-emphasis , re-prioritization of recruitment , retention strategies and practices urgently required
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W ithout a doubt , the distribution and
warehousing sector is at the threshold of a significant talent availability crunch that only threatens to worsen over time . And it ’ s not restricted to only hourly floor jobs and operations , but impacts all titles and positions across-the-board , including technical and professional staffs , supervisors , managers and even executives .
For example , between 2010 and 2020 , the number of available jobs in the supply chain will grow by 26 percent , according to Kronos .
RAPIDLY DECLINING WORKFORCE POPULATION
A report from CBRE cites U . S . Bureau of Labor Statistics data that indicate the ratio of workingage adults to retirement-age adults is projected to narrow from 3.5 to 2.5 by 2020 . “ A tighter labor supply will have significant consequences for employers , especially those in the transportation and warehousing industry , where 18 per-
MAY 2019