Cyclonepride
Thought Police
I'm not sure of the pension fund thing, and the mechanics of how that would help, but it's a definite problem just in terms of number of bodies available. Pay, and therefore what customers pay, is going to have to increase pretty dramatically unless the industry finds a way to attract more young people. I think that's a large part of the reason why you see private equity companies swarming in.You aren't hearing a lot of talk outside of the trades about this but we all are in desperate need of traditional young apprentices. I see way more people in their 30s and even 40s getting into things as opposed to people out of high school and early 20s. Young people arent nearly as aware of the importance of benefits/retirement as those slightly older. Never too late to get in but within the trades its somewhat worrisome in terms of pension funds.