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Post by marpro on Feb 27, 2023 20:37:50 GMT
The companies trying to advance a new generation of clean-energy technologies face a struggle.
Technology changes. Old (programming) guys need not apply, because this is new stuff. This one is on the financial side (energy) of politico.
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Deleted
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Post by Deleted on Feb 27, 2023 21:42:51 GMT
It is not just clean energy initiatives facing this problem. It is pretty much a nationwide problem, affecting many industries: manufacturing, medical, teaching, food service, hospitality, transportation and more. Until we get serious about addressing our labor shortage, this is going to be a growing problem. I am not certain that the competition for this limited resource (labor) is going to end anytime soon. I suspect that it will be a bigger problem for those with significant investable assets, than the young and middle-age workers that are in high demand. Wages and benefits will likely continue to spiral while growth struggles. This may well be the new normal. Maybe even a big reason some forecast a lost decade in investing.
I also suspect that jobs which require in-person attendance will need to find unique ways to compensate workers. Something like a lot more vacation time or transportation subsidies or both. WFH is a huge benefit where it can be implemented.
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