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Public Policy & Aging Report
A number of studies have been released in recent years from prestigious think-tanks, such as the Hudson Institute, and leading consulting firms, such as Wyatt and McKinsey, predicting severe labor market shortages for the U.S. economy in the decades ahead. Some go as far as to suggest that the U.S. economy will experience widespread job vacancies that cannot be filled because of a shortfall of workers. In these arguments, the shortfall is typically blamed on the small size of the "baby bust" cohort, the generation that has followed the baby boomers into the labor market.
This is a pre-copyedited, author-produced PDF of an article accepted for publication in Public Policy & Aging Report following peer review. The version of record [Cappelli, P. (2004). Will There Really Be a Labor Shortage? Public Policy & Aging Report 14, no. 3: 1-6] is available online at: http://dx.doi.org/10.1093/ppar/14.3.1
Cappelli, P. (2004). Will There Really be a Labor Shortage?. Public Policy & Aging Report, 14 (3), 1-6. http://dx.doi.org/10.1093/ppar/14.3.1
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Date Posted: 25 October 2018
This document has been peer reviewed.