Sentences with phrase «move out of the labor force»
As Baby Boomers move out of the labor force and into retirement, the ratio of workers to beneficiaries will drop to roughly 2:1 by 2034.
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Another way to assess labor market tightness is to look at labor flows — in other words, how workers move between being employed, unemployed (not working, but looking for work), and out of the labor force (neither employed, nor looking for work).4 Figure 11 shows the flow from being employed to unemployed.