A new paper by Nicole Maestas of Harvard University and Kathleen Mullen and David Powell of the Rand Corp., discusses the negative effects of an aging workforce on the American economy.  Their basic conclusions are described in two negative trends.  First, that the labor force is growing more slowly due to more baby boomers retiring. And second, that overall productivity is reduced in aging states, even for younger workers.  Click here, for the full article, and a more detailed discussion of the research.

 

America’s Aging Workforce Poses an Economic Double Whammy — Wall Street Journal

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