First it was the education system: elementary, secondary and postsecondary, in turn. Next, the labour market. Soon the social security and health care systems will feel the wave. The baby boom tsunami is reaching the shores of retirement.
If current patterns of labour force participation continue, the ratio of retirees to workers will climb sharply over the coming decades. This month's article, "Demography and the labour market," summarizes a wide spectrum of studies exploring various shifts in labour market behaviour at the end of the twentieth century. As author Deborah Sunter states, "The challenge...is to isolate changes that are structural from those that are cyclical....[F]orecasts are only as good as their assumptions....[L]onger-term trends can end or reverse, and...change is constant."
In our continuing efforts to enhance our content, we are putting our inventory of articles online. The first set covers the years 1995 to 1999. The articles are in PDF format and can be accessed through a subject index. HTML versions will be added this year. For the years 1989 to 1994, only HTML versions will be available. Articles from 2000 will be available in January 2002.
As always, we welcome your comments and suggestions (e-mail: firstname.lastname@example.org).