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

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  • Jane Sneddon Little
  • Robert K. Triest

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.

Suggested Citation

  • Jane Sneddon Little & Robert K. Triest, 2001. "The impact of demographic change on U. S. labor markets," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 46.
  • Handle: RePEc:fip:fedbcp:y:2001:n:46:x:4
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    Cited by:

    1. Armbruster, Walter J. & Coyle, William T. & Gilmour, Brad, 2004. "Where Will Demographics Take the Asia-Pacific Food System?," 2004 Conference (48th), February 11-13, 2004, Melbourne, Australia 58368, Australian Agricultural and Resource Economics Society.
    2. 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.
    3. Hetze, Pascal & Ochsen, Carsten, 2005. "How aging of the labor force affects equilibrium unemployment," Thuenen-Series of Applied Economic Theory 57, University of Rostock, Institute of Economics.
    4. Juan F. Jimeno, "undated". "Demographic change, immigration, and the labour market: A European perspective," Working Papers 2004-18, FEDEA.
    5. Yolanda Kodrzycki, 2002. "Educational attainment as a constraint on economic growth and social progress," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 47(Jun), pages 37-95.

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    Keywords

    Demography ; Economic conditions ; Labor market;

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