Do Wages Benefit From A Shrinking Labour Force?
February 27, 2013 - 1:19pm
Dean Baker says yes: The retirement of the baby boom cohorts means that the country’s labor force is likely to be growing far more slowly in the decades ahead than it did in prior decades. The United States is not alone in facing this situation. The rate of growth of the workforce has slowed or even turned […]Continue reading this article »