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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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A rapidly aging population with greater utilization of health care threatens the financial sustainability.
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Strong public-private collaboration is essential to the delivery of timely, cost-effective infrastructure and manufacturing projects.
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70% of the top 20 labor shortage-threatened jobs don't require a bachelor's degree
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A national AI framework must promote safety, security, and innovation.
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How can business and policy leaders equip workers with the skills and flexibility to work alongside AI?
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The proliferation of easy-to-use generative AI requires that policymakers and business leaders each play an important role.
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Without action, Social Security's Trust Fund will be depleted by 2033, resulting in automatic 23% benefit cuts.
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Charting a sustainable path forward by achieving long-term economic growth, restoring a rules-based international order, and strengthening our democracy.
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Constrained supply chains and inflation in materials and wages have raised infrastructure project costs 49% since 2020
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