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"It is anticipated that, in 2012, youths will constitute 15 percent of the labor force, and prime-age workers--those between the ages of 25 and 54--will make up 66 percent of the labor force. The share of the 55-and-older age group will increase from 14.3 percent [2002 rate] to 19.1 percent of the labor force." (p.37)
Toossi, M. (2004). Labor force projections to 2012: The graying of the U.S. workforce. Monthly Labor Review, 127(2), 37-57.
"Every two years, the Bureau of Labor Statistics produces medium-term, or 10 year, labor force projections. [This] set of projections covers the 2002-12 period and estimates the future size and composition of the labor force... The labor force projections are estimated by combining population projections calculated by the U.S. Census Bureau with the labor force projections developed by the Bureau of Labor Statistics." (p.38)
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140 Commonwealth Avenue - McGuinn, 6th Floor - Chestnut Hill, MA 02467
Email: age.work@bc.edu - Phone: 617.552.9195 - Fax: 617.552.9202
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