Our nation is in the middle of two great demographic shifts. The largest generation of Americans—the Baby Boomers—is reaching retirement age and will leave the workforce en masse between 2010 and 2030. The retirement of the Baby Boom generation will create millions of replacement job openings, even as economic growth creates the need for additional workers to fill newly created jobs. At the same time, our nation is becoming more demographically diverse. Immigrants and their children make up a growing share of the population that will be entering their prime working years over the next two decades.
With large numbers of jobs coming open in every sector of the economy and at all skill levels from now to 2030, immigrants and their children will be critical to the continued dynamism of the American workforce and economy. They will play a vital role in reshaping the workforce, filling essential jobs, and sustaining economic growth.
For more on this topic, please see:
- The Contributions of Immigrants and Their Children to the American Workforce and Jobs of the Future by Dowell Myers, Stephen Levy, and John Pitkin