Demographic Trends Affecting the Age Structure of the Labor Force: 1950 to 2000
The structure of the labor force depends on the structure of the underlying population and on labor force participation (activity) rates. These two factors are not independent, but synergistic. This paper will present an analysis of the demographic structure of the United States labor force in the last half of the twentieth century. “Technology,” as defined by the Office of Technology Assessment, includes “soft” technology, such as law, regulation, and indeed social custom, as well as the more conventional aspects of “hard” technology. Although the main thrust of his paper is descriptive, we will touch on some aspects of changes in technology on the composition of the future labor force.
KeywordsLabor Force Labor Force Participation Baby Boom Labor Force Participation Rate Baby Boom Generation
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