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November 2007, Vol. 130, No. 11
An overview of BLS projections to 2016
James C. Franklin
Manages the Division of Industry Employment Projections, Office of Occupational Statistics and Employment Projections, Bureau of Labor Statistics.
The U.S. economy is projected to grow at a moderate pace over the next 10 years; productivity growth is expected to slow, but still grow at a rate faster than the 1970s and 1980s; and the labor force will grow older as baby boomers move into the 55-and-older age group.
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