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 Labor Market Data




U.S. Labor Supply and Demand, 1988-2008
 

"Projections by the US Department of Labor show that there will be more 'demand' for workers than there will be 'supply' of jobs."


% Change in Mature Worker Population 1995-2005
Source: Urban Institute-"Aging Baby Boom"-1999

"Over the next five years, our workforce will witness a dramatic increase in the percentage of workers (employed and actively seeking employment) 45 years of age and older."


Percent of Displaced Workers Reemployed
Source: Dept. of Labor worker Displacement Study-1998

"There is a sharp reduction in the percentage of re-employed displaced workers who are 55 years of age and older."


Change in U.S. Labor Force by Age
Source: U.S. Dept. of Labor

"The average age of the U.S. labor force is profoundly increasing, with the youngest group actually shrinking over the next decade."


Weeks of Unemployment
Source: Urban Institute-"Aging Baby Boom"-1999

"Unemployed workers 45 years of age and over average more than twice the time to procure new employment."



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