![]() Older people consume less, and pay fewer taxes, compared to the younger cohort of tax-paying workers. The demographic trends are not only an issue for the labor market, but also for the economy as a whole. is to have stable or increasing workforce size, immigration has a role to play there.” And, since we know that the US is at considerably below replacement childbearing pattern right now, if the U.S. “Looking in that rear view mirror, it looks like there was a steep drop off in 20, and that might account for a million of the 4 million gap,” he said.Įberstadt added: “Over the past half century, immigration has been a pretty important component in labor force, growth. ![]() Immigration is another demographic factor. ![]() Louis Fed Janu'Immigration has to play a role' New research suggests that declining asset values from January to October 2022 may have prompted an extra 170,000 people between the ages of 51 and 65 to return to the labor force /5RA9MWFN7C ![]()
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