[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/fip/fedpbr/y2005iq4p30-43.html
   My bibliography  Save this article

After the baby boom: population trends and the labor force of the future

Author

Listed:
  • Timothy G. Schiller
Abstract
Tim Schiller examines how the U.S. and the Third District labor force will change as the baby boomers start to retire in large numbers and women?s participation in the workforce levels off. These and other demographic shifts will affect the supply and demand for workers among different industries and occupations, potentially leading to shortages of workers in areas projected to grow, such as education and health care. Nationally, the average age of the work force will increase, its growth will slow, and its composition will be more diverse, and these factors will likely have a particular impact in Pennsylvania, New Jersey, and Delaware. But the good news is that the Third District, already a center of education and health care, may attract more workers than currently anticipated.

Suggested Citation

  • Timothy G. Schiller, 2005. "After the baby boom: population trends and the labor force of the future," Business Review, Federal Reserve Bank of Philadelphia, issue Q4, pages 30-43.
    • Handle: RePEc:fip:fedpbr:y:2005:i:q4:p:30-43
    as

    Download full text from publisher

    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/business-review/2005/q4/Q4_05_BabyBoom.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Katharine L. Bradbury, 2005. "Additional slack in the economy: the poor recovery in labor force participation during this business cycle," Public Policy Brief, Federal Reserve Bank of Boston.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Julie L. Hotchkiss, 2005. "What’s up with the decline in female labor force participation?," FRB Atlanta Working Paper 2005-18, Federal Reserve Bank of Atlanta.
    2. Dunsch, Sophie, 2016. "Does labor force participation rates of youth vary within the business cycle? Evidence from Germany and Poland," Discussion Papers 386, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
    3. Julie L. Hotchkiss & John C. Robertson, 2012. "Asymmetric labour force participation decisions," Applied Economics, Taylor & Francis Journals, vol. 44(16), pages 2065-2073, June.
    4. Todd E. Clark & Taisuke Nakata, 2006. "The trend growth rate of employment : past, present, and future," Economic Review, Federal Reserve Bank of Kansas City, vol. 91(Q I), pages 43-85.
    5. Schreiber, Sven, 2009. "Explaining shifts in the unemployment rate with productivity slowdowns and accelerations: a co-breaking approach," Kiel Working Papers 1505, Kiel Institute for the World Economy (IfW Kiel).
    6. Chad D. Cotti & Scott Drewianka, 2007. "Labor Market Inefficiency and Economic Restructuring: Evidence from Cross‐Sectoral Data," Southern Economic Journal, John Wiley & Sons, vol. 74(1), pages 214-238, July.
    7. Julie L. Hotchkiss & M. Melinda Pitts & Mary Beth Walker, 2008. "Working with children? the probability of mothers exiting the workforce at time of birth," FRB Atlanta Working Paper 2008-08, Federal Reserve Bank of Atlanta.
    8. Riccardo DiCecio & Kristie M. Engemann & Michael T. Owyang & Christopher H. Wheeler, 2008. "Changing trends in the labor force: a survey," Review, Federal Reserve Bank of St. Louis, vol. 90(Jan), pages 47-62.
    9. Alcaraz Carlo & García Verdú Rodrigo, 2006. "Changes in the Composition of Employment and Productivity in the Formal Sector of the Mexican Economy," Working Papers 2006-03, Banco de México.
    10. Katharine L. Bradbury, 2006. "Measurement of unemployment," Public Policy Brief, Federal Reserve Bank of Boston.

    More about this item

    Keywords

    Population; Labor supply;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedpbr:y:2005:i:q4:p:30-43. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Beth Paul (email available below). General contact details of provider: https://edirc.repec.org/data/frbphus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.