The population of the United States is getting older. According to the U.S. Bureau of Labor Statistics (BLS), older workers -- which the BLS defines as those who are 55 and older -- made up 22% of the U.S. workforce in 2016, nearly double the 12% recorded in 1995. This increase is largely "fueled by the aging baby-boom generation, a large…

The impending retirement of the baby boom cohort represents the first time in the history of the United States that such a large and well-educated group of workers will exit the labor force. This could imply skill shortages in the U.S. economy. We develop near-term labor force projections of the educational demands on the workforce and the supply…

People aged 55 and older are one of the fastest growing demographic groups in much of the developed world. While they have seen tremendous changes in technology and everyday living over their lifetime, some of the biggest societal changes are those that they themselves are helping to make. In the U.S., these mature individuals can expect to live…

We offer a concise history of teacher retirement plans in the United States, highlighting the increase in the generosity of the plans over the past 25 years. We employ data from plans in all fifty states to estimate the impact of a set of social and economic variables on the plans' replacement rates for a hypothetical teacher. We find that, at the…

Working with Richard Ingersoll, professor of Education and Sociology at the University of Pennsylvania, the National Commission on Teaching and America's Future (NCTAF) examined and analyzed data from the "Schools and Staffing Survey" (SASS), the largest and most comprehensive source of data on teachers, gathered from a nationally…

The impending retirement of the baby boom cohort could pose dramatic challenges for the U.S. labor force for at least two reasons. First, the boomers--adults born between 1946 and 1964--are large in number. Second, boomers are relatively well educated. In this report we develop and analyze occupational and labor force projections to the year 2018,…

This study was designed to estimate the magnitude of retention, migration, and attrition of music teachers; the transfer destinations of those who migrated; the career path status of those who left; and the likelihood that former music teachers would return to teaching. Data, which were analyzed for music (n = 881) and non-music teachers (n =…

Trends in skill bias and greater turbulence in modern labor markets put wages and employment prospects of unskilled workers under pressure. Weak incentives to utilize and maintain skills over the life-cycle become manifest with the ageing of the population. Policies to promote human capital formation reduce welfare state dependency among the…

An analysis of the impact of increasing the minimum mandatory retirement age on the retirement patterns of older adults across the entire economy suggests that because of the strong disincentives to work embedded in social security and many employee pensions, most workers will continue to retire in their early sixties. (MSE)

This paper examines health workforce and migration policies in New Zealand, with a special focus on the international recruitment of doctors and nurses. The health workforce in New Zealand, as in all OECD countries, plays a central role in the health system. Nonetheless, maybe more than for any other OECD country, the health workforce in New…

This article argues that with the growth of flexible labor arrangements, older workers' long-term position in the labor force is being seriously eroded. The author considers the factors behind this trend and then examines possible remedial policies. He concludes by considering one long-term policy that might work. (CT)

This study attempts to determine the main socioeconomic factors influencing the decision to retire before age 65 among Canadian men and women. The study concludes that early retirees tend to be single men and married women employed by others who are better educated and whose nonearned income is higher than those who retire at a later age.…

The likely retirement age of "baby boomers" among the tenured faculty in the State University System (SUS) will coincide with a steep increase in the population of traditional college-age students over the next ten years. The majority (53.5%) of SUS faculty were born in the baby boom years between 1943 and 1959. This group is already…

This report, more than a year in the making and informed by over 50 interviews with employers, educators, and local and national policymakers, details both the growing problem of disconnected youth in New York City and what it will take to redirect them toward career-track employment and family-supporting incomes. The centerpiece of this study is…