Labor Force Participation: Recent Developments and Future Prospects
Labor Force Participation: Recent Developments and Future Prospects:
America’s labor force is shrinking as the “Baby Boom” generation ages out. But projected patterns, decreasing availability of middle-skill (those for undergrad degree holders) jobs and increasing competition for low-skill jobs (like burger-flipping) shows that the baby boomers’ departure from the workforce is likely a scorched earth affair.
