Labor force 2006: slowing down and changing composition.(Employment Outlook: 1996-2006)

Monthly Labor Review | November 1, 1997| | Copyright

As the baby-boom generation ages, the median age of the work force rises to a new record in 2006; the Hispanic labor force could exceed that of blacks

The labor force, those persons working or looking for work, is projected to increase by 15 million over the 1996-2006 period, reaching 149 million in 2006.(1) This 11-percent increase is less than the 14-percent increase over the previous 10-year period, 1986-96, when the labor force grew by 16 million.

For women, the rate of growth in the labor force is expected to slow, but it will still increase at a ...

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