The WSJ has a great article about the coming pilot shortage that US airlines are facing. PG&E, a California electricity and gas utility is also facing mass retirement of linemen and has started a program to recruit ex-military. It has been long known that NASA is facing the same problem with the Federal Government having even older employees. In the case of pilots, 65 is the mandatory age of retirement so there's no hoping for pilots staying on after most retire. So, does anyone else think that with the huge wave of retiring baby boomers coming up that the US labor market is going to get a much needed boost? Sure, some will continue working but many may choose a less stressful part time job. I've been convinced for sometime that the reason the US has lost its mojo is that many industries are weighted towards those nearing retirement. The risktakers in this world have traditionally been people in their 20s and 30s. I think it's very likely that the US will get a major boost in the next decade as the younger generation finally gets a chance to take the reins. Thoughts?