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The impact of demographic change on U. S. labor markets

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Author Info
Jane Sneddon Little
Robert K. Triest

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Abstract

According to the U. S. Census Bureau projections, the United States will face dramatic demographic changes over the next one hundred years. Indeed, the country will be entering largely uncharted territory. In the twenty-first century, the population is expected to grow more slowly than ever before over an extended period. The population will also age rapidly, with the share of the population over 65 climbing to a succession of new record highs. Finally, the United States will once again become a nation of immigrants. Over the past decade, the wave of new immigrants has already neared proportions last seen in the early 1900s at the end of the Great Migrations. And this inflow is projected to persist throughout the coming century, with new immigrants and the children of those immigrants contributing well over half of the increase in the U. S. population. Because the source of this inflow has shifted from Europe to Latin America and Asia, this new wave will change the voice and face of America forever.

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Article provided by Federal Reserve Bank of Boston in its journal Conference Series ; [Proceedings].

Volume (Year): (2001)
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Handle: RePEc:fip:fedbcp:y:2001:n:46:x:4

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Related research
Keywords: Demography ; Economic conditions ; Labor market;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. David Card & John DiNardo, 2000. "Do Immigrant Inflows Lead to Native Outflows?," American Economic Review, American Economic Association, vol. 90(2), pages 360-367, May. [Downloadable!] (restricted)
    Other versions:
  2. Ronald D. Lee & Ryan D. Edwards, 2001. "The fiscal impact of population change," Conference Series ; [Proceedings], Federal Reserve Bank of Boston. [Downloadable!]
  3. Hoyt Bleakley & Jeffrey C. Fuhrer, 1997. "Shifts in the Beveridge Curve, job matching, and labor market dynamics," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 3-19. [Downloadable!]
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    Other versions:
  6. Lawrence F. Katz & Jeffrey R. Kling & Jeffrey B. Liebman, 2001. "Moving To Opportunity In Boston: Early Results Of A Randomized Mobility Experiment," The Quarterly Journal of Economics, MIT Press, vol. 116(2), pages 607-654, May. [Downloadable!] (restricted)
    Other versions:
  7. Paul M. Romer, 1987. "Crazy Explanations for the Productivity Slowdown," NBER Chapters, in: NBER Macroeconomics Annual 1987, Volume 2, pages 163-210 National Bureau of Economic Research, Inc. [Downloadable!]
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  10. David Card & Thomas Lemieux, 2000. "Can Falling Supply Explain the Rising Return to College for Younger Men? A Cohort-Based Analysis," NBER Working Papers 7655, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  11. Razin, A. & Sadka, E., 1999. "Unskilled Migration: a Burden or a Boon for the Welfare State?," Papers 8-99, Tel Aviv.
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  12. Jane Sneddon Little & Robert K. Triest, 2001. "Seismic shifts: the economic impact of demographic change: an overview," Conference Series ; [Proceedings], Federal Reserve Bank of Boston. [Downloadable!]
  13. James P. Smith, 1997. "The Changing Economic Circumstances of the Elderly: Income, Wealth, and Social Security," Center for Policy Research Policy Briefs 8, Center for Policy Research, Maxwell School, Syracuse University. [Downloadable!]
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  15. repec:fth:harver:1490 is not listed on IDEAS
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  20. George J. Borjas, 1994. "The Economics of Immigration," Journal of Economic Literature, American Economic Association, vol. 32(4), pages 1667-1717, December. [Downloadable!] (restricted)
  21. Ben S. Bernanke & Refet S. Gurkaynak, 2001. "Is Growth Exogenous? Taking Mankiw, Romer and Weil Seriously," NBER Working Papers 8365, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  22. Claudia Goldin & Lawrence F. Katz, 2000. "Career and Marriage in the Age of the Pill," American Economic Review, American Economic Association, vol. 90(2), pages 461-465, May. [Downloadable!] (restricted)
  23. Lucas, Robert E, Jr, 1990. "Why Doesn't Capital Flow from Rich to Poor Countries?," American Economic Review, American Economic Association, vol. 80(2), pages 92-96, May. [Downloadable!] (restricted)
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    Other versions:
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Katharine L. Bradbury, 2002. "Education and wages in the 1980s and 1990s: are all groups moving up together?," New England Economic Review, Federal Reserve Bank of Boston, issue Q 1, pages 19 - 46. [Downloadable!]
  2. Yolanda K. Kodrzycki, 2002. "Educational attainment as a constraint on economic growth and social progress," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, issue Jun, pages 37-95. [Downloadable!]
  3. Pascal Hetze & Carsten Ochsen, 2005. "How Aging of the Labor Force Affects Equilibrium Unemployment," Thuenen-Series of Applied Economic Theory 57, University of Rostock, Institute of Economics, Germany. [Downloadable!]
  4. Juan F. Jimeno, . "Demographic change, immigration, and the labour market: A European perspective," Working Papers 2004-18, FEDEA. [Downloadable!]
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