Big decreases in prime-age employees.
Position | YOUR LIFE - Brief article |
More than half of the 50 states will face the dilemma in coming decades of having fewer workers in the age group considered to be in the prime earning years--25-to-54-year-olds, according to a study by Indiana University, Bloomington. "As America ages, we expect to see the nature of work change and the length of time workers continue working increase;' explains Rachel Justis, Research Center analyst at the Kelley School of Business.
"Indiana, for instance, is projected to have 2,600,000 people ages 25 to 54 by the year 2025--a 1.7% decline from today's level. This is actually a rather modest decline given what we know about the aging baby boomers, but this change varies dramatically depending where one looks?
Using state-level population projections from the Census Bureau, Justis found the Hoosier state in the...
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