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The median age of the labor force was 40.5 years in 1962, "the highest level attained before the Baby Boomers entered the labor force." It dropped steadily until 1980, and since then it has been rising, to 36.6 in 1990 and 39.3 in 2000. The median age is expected to return to its 1962 level, 40.6 years, in 2010. (p.36)
Fullerton H.F., & Toosi, M. (2001, November). Labor force projections to 2010: steady growth and changing composition. Monthly Labor Review, 124, 21-38.
"This article describes the labor force projections, made by the Bureau of Labor Statistics for 136 age, sex, race, or Hispanic origin groups. First, it discusses changes in the labor force that are attributed to changes in the labor force participation rates or to population changes...Then it examines changes in the labor force based on the dynamics resulting from persons entering, leaving, or staying in the labor force. Finally, it reviews the demographic implications of projected changes in the age composition of the labor force and population." (p.21)
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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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