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...is the size of the total population, which is determined by rates of birth, immigration, and death. The second factor is the labor force participation rate, which is the percent of the population that is working or is actively seeking employment.
These measures vary significantly by sex and by age, racial, and ethnic groups. Each group has varying birth and immigration rates, age distributions, and labor-force participation rates, and these variations change the composition of the labor force over time.
The charts that follow show how the labor force is projected to change among age groups, among men and women,...
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