very rapid labor force growth over the 1970s reflected two dramatic
changes: the baby-boom generation reached working age, and it became
more common for women to work outside the home.
Since the 1970s, the labor force has continued to grow, but at a slower rates.
A substantial slowdown in the pace of labor force growth is projected for the 2015-25 period, as the baby-boom generation retires.
U.S. Bureau of Labor Statistics
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