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Baby-boom retirements and emerging labor market pressures

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Author Info
Richard Deitz

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Abstract

As the baby-boom generation begins to retire, employers in upstate New York will be confronted with the dual pressures of replacing these workers and filling new jobs created in growing segments of the economy. An analysis of projected hiring rates in the region suggests that although there will be demand for workers in all occupations, employers may face a particular challenge filling positions in growing services occupations with relatively high retirement rates, such as health care, community and social services, and education.

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File URL: http://www.newyorkfed.org/research/regional_economy/reg_rev1-1.pdf
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Publisher Info
Article provided by Federal Reserve Bank of New York in its journal Upstate New York Regional Review.

Volume (Year): (2006)
Issue (Month): ()
Pages: 1-7
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Handle: RePEc:fip:fednun:y:2006:p:1-7:n:v.1no.1

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Related research
Keywords: Employment - New York (State) ; Regional economics ; Federal Reserve District; 2nd ; Labor market - New York (State) ; Retirement;

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This page was last updated on 2009-12-6.


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