| Immigrants Fill Gaps Left by Aging American Workforce Paul McDaniel - Immigration Impact | |
| go to original June 22, 2013 |
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Over the next two decades, as the baby boom generation continues entering retirement, we will experience the largest exodus from the workforce by any generational cohort in American history. This wave of retirees will create a labor force deficit among the millions of jobs baby boomers depart from on top of new job growth industries create. Amid this great demographic shift, immigrants and their children are poised to play a critical role in filling workforce gaps left by massive baby boom generation retirements over the next twenty years, as a new forward-looking report from the Center for American Progress describes.
Using data from the Census Bureau and the Bureau of Labor Statistics, the study finds that “with large numbers of jobs coming open in every sector of the economy and at all skill levels from now to 2030, immigrants and their children will be critical to the continued dynamism of the American workforce and economy. They will play a vital role in reshaping the workforce, filling essential jobs, and sustaining economic growth.” Specifically, the report presents five major findings, which, collectively, have broad interwoven policy implications ranging from immigration, to healthcare, to education, and beyond.
Read the rest at Immigration Impact
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