In which of the following ways are labor force and its demographics expected to change?
A)Minorities will make up a smaller share of the U.S. labor force than they did in the past.
B)Women will make up a smaller share of the U.S. labor force than they did in the past.
C)By 2050, the labor force participation rate will be only about 59 percent.
D)The demand for temporary workers will triple by 2050.

Question

Quizplus · Accepted Answer

According to projections by the Bureau of Labor Statistics, the labor force participation rate is expected to decline to around 59 percent by 2050 due to aging of the population and other factors. This means a smaller share of the population will be working or seeking work. A and B are incorrect as both women and minorities are expected to make up a larger share of the labor force in the future. D is incorrect as there is no evidence to support the claim that demand for temporary workers will triple by 2050.

In Which of the Following Ways Are Labor Force and Its