As more baby boomers retire, and there is a shortage of new workers, that shortfall is expected to grow.
For a start, there are about 230,000 new households being formed each year, leading to a shortfall of 150,000 new homes in that first term alone.
This shortfall of potential new recruits not only makes it difficult to fill college classes, but also helps to account for the drop in street crime.
Meanwhile, a report from estate agents Countrywide said England will face a shortfall of one million new homes by 2021, when it predicts only one in 10 first time buyers will be aged under 25.
The microchipmaker lowered revenue expectations to $1 million due to a production shortfall of two new chipsets.
[C4.] Bank of New York Profit Shortfall The Bank of New York, which had many offices, including its headquarters, in Lower Manhattan, said the Sept. 11 attack would cost it $125 million, or 17 cents a share, in the third quarter.
But he said the MoD and Army "must get a better understanding of significant risks to Army 2020 - notably, the extent to which it is dependent on other major programmes and the risk that the shortfall in recruitment of new reserves will up the pressure on regular units".
In a report last year on Biopharma's "capacity crunch," consulting firm McKinsey & Co. said that contract drugmakers would benefit from plant capacity shortfalls for new types of drugs.
The NHS's own GP taskforce warned last year that although ministers want to see 3,250 trainee GPs being recruited every year, "GP recruitment has remained stubbornly below this target, at around 2,700 per annum, for the last four years" – a shortfall of around 2,200 new doctors.
