As we near the end of 2025, there’s an urgent issue that demands our attention—not just locally, but across the nation. Lightcast’s recent report, The Rising Storm, raises a stark warning about what could become the largest labor shortage in U.S. history. With Baby Boomers retiring in large numbers, declining birth rates, and historically low labor force participation, the country faces a shortfall of nearly six million workers by 2032. Industries like healthcare, hospitality, and service (among our leading industry sectors in Eagle County) will feel this squeeze most acutely.

This so-called “Silver Tsunami” is reshaping the labor market. After decades where workers were plentiful and employers held the upper hand, the balance is shifting. Now, as many seasoned workers exit the workforce, fewer young people are stepping in to replace them. The result is a tighter labor market that’s already making life harder for employers and employees alike, and Eagle County is no exception.

Locally, the effects are noticeable. From bustling restaurants to essential healthcare providers, businesses are struggling to find and keep workers. This labor crunch threatens not only our economy but also the quality of services our community depends on.

Addressing this challenge means rethinking how we prepare and support our workforce. It starts with education. Aligning what is taught in schools and colleges with the skills employers need is critical. Instead of focusing solely on traditional degrees, there’s a growing emphasis on hands-on training and partnerships between educational institutions and local businesses. This ensures that students graduate ready to meet the demands of today’s job market.

Technology and automation also have a vital role to play. While these innovations won’t replace every job, they can enhance efficiency and help businesses manage with fewer workers. Thoughtfully integrating technology, especially in sectors like healthcare and hospitality, can improve productivity without sacrificing the personal touch that defines quality service.

Immigration policy is another piece of the puzzle. Historically, immigrants have helped fill vital workforce gaps, and that remains true today. Crafting humane, modern immigration policies that both secure our borders and provide pathways for hardworking individuals to contribute to our economy is essential for meeting labor demands.

Equally important is encouraging more people to participate in the workforce, particularly groups that have been underrepresented, such as women returning to work, older adults, and others who may face barriers to employment. Creating inclusive workplaces and offering supportive policies can help tap into this valuable talent pool.

Here in Eagle County, we see these national trends mirrored in our day-to-day experiences. Businesses face hiring challenges, which can slow growth and strain our community. To meet this moment, it’s crucial to support local training programs tailored to our industries and foster stronger connections between employers and educators. Apprenticeships and internships offer invaluable real-world experience that prepares individuals for meaningful careers right here at home.

Policymakers have a role to play, too, by encouraging initiatives that promote employee development and reduce barriers to employment. When business, education, and government collaborate, we create a stronger, more resilient workforce.

The challenges ahead are daunting, but they also open the door to innovation and growth. By investing now in education, technology, immigration reform, and inclusive workforce participation, we can build a future-ready labor force that sustains our economy and community.

For a more detailed look at these issues, I encourage you to explore Lightcast’s report, The Rising Storm: Building a Future-Ready Workforce to Withstand the Looming Labor Shortage.

Chris Romer is president & CEO of Vail Valley Partnership, a 3-time national chamber of the year. Learn more at VailValleyPartnership.com