Explain workforce diversity and the key managerial skills for dealing with workforce diversity. What are two trends in workforce demographics?
What will be an ideal response?
The workforce has always adapted to variations in economies, longevity and birth rates, and socioeconomic conditions. Longevity and birth rates have also changed the dynamics in organizations; global longevity rates have increased six years in a very short time (since 1990), while birth rates are decreasing for many developed countries, trends that together indicate a lasting shift toward an older workforce. Socioeconomic shifts have a profound effect on workforce demographics. The days when women stayed home because it was expected are just a memory in some cultures, while in others, women face significant barriers to entry into the workforce.
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Fill in the blank(s) with correct word