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The Herman Trend Alert December 3, 2003 Global Demographics The characteristics of human populations and population segments, known as demographics, influence consumer markets, workforce composition, school enrollment, and a wide range of other aspects of our intricate interwoven society. The demographics of a community, a country, or the world are carefully considered by forecasters. Implications of current, changing, and future demographics can have far-reaching impacts on human conditions. The demographics of the United States shape the composition of the labor pool, guiding workforce strategists and recruiters. Who will be available to work? What personal or societal conditions will determine what sorts of people will work…and why? As our economy picks up and people have more choices about their employment opportunities and careers, what decisions will they make? What type of work will they seek? How much and how long will workers choose to be on the job? How will desired lifestyles influence their choices? Just as this issue is emerging as a vital concern in the United States, citizens of other countries around the world will face similar questions. The growing global economy will provide opportunities in many geographical areas and many employment fields. Jobs moving from the United States to other countries will influence global workforce demographics, shifting buying patterns in business and consumer markets. These shifts will create more jobs in the United States and in other countries. Observing demographic trends in various states, countries, and regions will provide insight into potential scenarios. For instance, China will experience a dramatic population aging over the next 50 years. The most recent population projection from the United Nations expects that China will have about 630 million people age 50 and above in 2050. At anticipated rates, we expect that there will be only about 78 million children below the age of 5 and just 324 million children and teenagers below the age of 20. This trend suggests that by 2050 China will have almost twice as many people above age 50 than below age 20. This example, from just one country, will influence consumer buying, workforce composition, healthcare, education, and similar major aspects of society---national and global. © Copyright 1998-2008 by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc." DON'T GAMBLE WITH YOUR COMPANY'S FUTURE Many jobs have been open for months or even years, because some skilled workers have become impossible to find. Join us in Las Vegas and learn the low- and no-cost solutions to this workforce crisis. Help your company recruit and retain the talent it must have to survive. Recertification credit from HRCI. Next Employee Retention Specialist(TM) Program: September 9-10. Call Carol at 336-282-9370 or visit http://www.employeeretentionspecialist.com. LOOKING FOR A DYNAMIC KEYNOTE SPEAKER TO INSPIRE YOUR PEOPLE? Joyce Gioia (joy-yah) is an inspirational futurist who freely shares her knowledge and expertise about talent engagement and retention with business executives around the globe. Her understandings and insights will inform and fascinate you. For more information, call Carol McKinney at 336-282-9370 or visit the web site at http://www.hermangroup.com/joyce.html for more information on Joyce's calendar and her topics. WANT TO BE RECOGNIZED AS AN EMPLOYER OF CHOICE®? Our effective, onsite seminars, workshops, and consulting can help you get there. We can offer 1-, 2-, 3-hour, and full-day programs to help you communicate what it takes to become an Employer of Choice® and inspire your folks to get it done. We've helped others; let us help you. Call Joyce at 336-210-3548 to schedule a no-obligation conference call. Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers. New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is received by over 30,000 subscribers in 78 countries, in addition to other websites and printed magazines. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Trend Alert service. Click here to sign up for the Herman Trend Alert. Subscribe or Unsubscribe to weekly Herman Trend Alert View this week's Herman Trend Alert Archived Weekly Herman Trend Alerts

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