Tough talk from Kentucky's demographer

Sunday, January 11, 2004

Kentucky's state demographer, Ron Crouch, doesn't mince words. While the South is poised to continue major job growth, troubling clouds are on the horizon. In particular, the aging of our population will pose some serious challenges for sustained growth. Read more.

Some quotes:

“Right now, what we’re seeing is a ‘middle-aging’ of the population, and the real aging of the population is still 10 years away. But you know what happens in 2010? All us Baby Boomers start turning 65, and all hell breaks loose.”

“People are going to have to change their view of retirement. They’re going to have to start working until they reach older ages than the retirement age in the past.”

Relatively low educational attainment is "going to be a serious problem over the next few years. The economy of the future is going to be based on smarter, better educated workers, and the ‘Bubbas’ of the world are going to be in serious trouble.”

The problem is indeed serious. We are not producing enough young people interested in post-secondary education. At the same time, high school drop-out levels are too high, and we are producing too many high school graduates with weak skills and no career plans.

Shortages are appearing in all sorts of skilled positions: nurses, pharmacists, long haul truck drivers, auto technicians. The list goes on. The shortages will only get worse in the years ahead.

posted by Ed Morrison |

Subscribe with Bloglines






Creative Commons License
This work is licensed under a Creative Commons License.
links
Google
The Web EDPro Weblog