A transitioning labor market

04/8/2014

Meckstroth

Daniel J. Meckstroth, Ph.D., vice president and chief economist
The aging baby boom generation will keep the participation rate falling for at least another decade, and some individuals' decisions to work longer will not be enough to offset the tendency to retire. In a couple of years, firms should see widespread, tight labor markets, making young talent particularly difficult to find. Issues in Brief

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