Tightening labor markets are shining a spotlight on demographic challenges—an aging population, declining birth rates, and a slowdown in immigration—that could threaten continued growth and shared prosperity in the future. Business leaders and policy makers must make expanding the overall US labor force a top-tier public policy issue. This brief highlights reasoned solutions aimed at urgently addressing this challenge by helping Americans who would like to work more to do so and drawing upon available talent abroad to deliver more widely shared prosperity, a deeper and more skilled pool of talent, and economic growth and fiscal stability for all.
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