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Business
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| Number of pages / Number of words: |
4 / 1081 |
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population. Some of the expected change involves the distribution of workers by age. During the 1996 to 2006 period, the youth labor force (workers between 16 and 24) is expected to grow faster than the overall labor force for the first time in 25 years. However, the fastest-growing age segment will be workers aged 45 to 64, as the baby boom generation (born from 1946 to 1964) continues to age...
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However, the fastest-growing age segment will be workers aged 45 to 64, as the baby boom generation (born from 1946 to 1964) continues to age. Therefore, in spit of the growing numbers of young workers, the overall work force will be aging?between 1990 and 20010. The BLS forecasts that by 2015, the number of workers at least 40 years old will exceed the number under 40 for the first time ever (Noe, Hollenbeck, Gerhert, Wright, 2003)...
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