Bosses and workers rarely agree on what matters when it comes to the future of work. But there's division even within the c-suite, particularly regarding
big structural issues. and one of those is that we ve got the baby boomer generation all retiring at once. the fertility rate in most developed countries is going down. so, actually, the sheer production line of new workers is not what it was. here in the uk, there was a period, i would say 20 years ago, when if a particular group of workers went on strike, there d be some parts of the political spectrum or some parts of society would say, blimey, they re making our lives a misery. the train drivers are on strike. but at the moment, there s actually a bit of sympathy for it because everyone s got a ticket in this lottery. they want them to win because they may have to win this industrial dispute themselves, cos such is the pressure on take home wages. and although wages are rising, prices are rising even more, so you re taking home less in real terms. the dynamic in favour of organised labour, you know, union membership slightly rising again some more evidence that the balance of
i think kind of magnified some big structural issues. and one of those is that we ve got the baby boomer generation all retiring at once. the fertility rate in most developed countries is going down. so, actually, the sheer production line of new workers is not what it was. here in the uk, there was a period, i would say 20 years ago, when if a particular group of workers went on strike, there d be some parts of the political spectrum or some parts of society would say, blimey, they re making our lives a misery. the train drivers are on strike. but at the moment, there s actually a bit of sympathy for it because everyone s got a ticket in this lottery. they want them to win because they may have to win this industrial dispute themselves, cos such is the pressure on take home wages. and although wages are rising, prices are rising even more, so you re taking home less in real terms. the dynamic in favour of organised labour, you know, union membership slightly rising again some mor
the answer is not to keep the baby boomer generation in the cockpit and definitely. the answer is to make sure that we have as many and as good pilots ready to take their place. to have a stronger pipeline. we are backing that up with faa programs that support high school and college curriculum to get into aviation. and of course, ultimately it will be for the airlines and for those employees to hire and retain excellent talent. and, you know, this is an issue we are sitting across the aviation sector. across the transportation sector at large like the importance of having competitive pay, great job quality, so we can bring in and keep the people that are going to be needed to power america s transportation sector. mike: the white house had a major victory last year passing a massive infrastructure package. supply chain issues and inflation are driving up the price tag. you ve it said they basically roll defending out over five years. we are seven months into that process. what are y