Search Results

SORT BY: PREVIOUS / NEXT
Keywords:baby boomer 

Journal Article
Will Wage Growth Alone Get Workers Back Into the Labor Market? Not Likely.

This article finds that compared to baby boomers of the same age, millennials' labor force participation decisions are only about three-quarters as responsive to wage changes, and Generation X's participation decisions are only about half as responsive. These differences are not good news for employers trying to coax workers back into the labor market during a robust pandemic recovery. Using the most recent estimates, from 2019 data, the latest 6 percent year-over-year increase in average hourly pay reported by the US Bureau of Labor Statistics (BLS) is expected to only close 16 percent of ...
Policy Hub , Volume 2022 , Issue 1

FILTER BY Bank

FILTER BY Series

Policy Hub 2 items

Policy Hub* 1 items

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

C25 3 items

J22 3 items

J33 3 items

FILTER BY Keywords

Gen X 3 items

baby boomer 3 items

labor force participation 3 items

labor supply elasticity 3 items

millennial 3 items

the Big Quit 3 items

show more (2)

PREVIOUS / NEXT