The impeding retirement of boomers, expected to suck senior employees out of both the public and private sectors en-masse, has fixed our attention on an impeding talent shortage. This shortage, it is often argued, is already impeding the progress of the North American economy.

New research, however, coming out of Duke University, may in fact dispell this as myth. Rather than rehash the facts, I’ll point you towards this great article in Baseline Magazine that covers all the bases. Its thesis, as highlighted by Professor Vivek Wadhwa, faculty in Duke’s Master of Engineering Management Program is that , “This whole concept of shortages is bogus, it shows a lack of understanding of the labor pool in the USA.” They point to continued wage rate stability as proof that no shortage exists. Continue…