AMS
Forschungsnetzwerk

xxx
 
English
AutorIn 1:
Holzer, Harry J.
HerausgeberIn 1:
IZA – Institute of Labor Economics
Titel:
The US Labor Market in 2050: Supply, Demand and Policies to Improve Outcomes
Ort:
Bonn
Verlag:
IZA – Institute of Labor Economics
Jahr:
2019
Reihe:
IZA Policy Paper No. 148
Abstract:
"(...) Current estimates suggest that over the coming decades, slower population growth and lower labor force participation will constrain the supply of labor in the U.S. The U.S. labor force will also become more diverse as immigration and fertility trends increase the size of minority populations. New forms of automation will likely require workers to adapt to keep their old jobs, while many will be displaced or face less demand for their work (while others benefit). Firms will continue to implement alternative staffing arrangements, like turning workers into independent contractors or outsourcing their human resource management to other firms; and many will adopt “lowroad” employment practices to keep labor costs low. Exactly whom these changes will benefit or harm remains unclear, though non-college workers will likely fare the worst; higher productivity from new technologies and reduced labor supply could raise average wages, but many workers will clearly be worse off. Policy makers should provide incentives for firms to train current employees, rather than replace them, and should encourage schools and colleges to teach flexible, transferable skills, as the future workforce will likely need to adapt quickly to new and changing job requirements. Lifelong learning accounts for workers could help. (...)"
[labor market, labor supply, labor demand, employment outcomes, automation]
Download:
 hier klicken (PDF  808 KB)
URL:
 IZA – Institute of Labor Economics