Suppose that a baby boom occurs between the years 2025-2030, similar to the baby boom following World War II. What do you expect to happen to the labor force participation rate in the year 2090-2100, holding all else constant

there will be an increase labor participation

Explanation: A major number of Baby Boomers (U.S. adults born 1946 to 1964) are still in the labor force, and the oldest of them are staying in the labor force at the highest annual rate for people their age in more than half a century. In 2018, 29% of Baby Boomers ages 65 to 72 were working or looking for work, outpacing the labor market engagement of the Silent Generation (21%) and the Greatest Generation (19%) when they were the same age, according to a new Pew Research Center analysis of official labor force data.

Baby Boomers are participating in the labor force more compare to prior generations The modern high rate of older Boomers staying in the labor force is attributable to both Boomer women and men. Throughout their adulthood, Boomer women have been more likely to be in the labor force than earlier generations, paving the way for high labor force participation at the ages of 65 to 72 (25%). At the same time, 34% of Boomer men ages 65 to 72 were in the labor force in 2018. Older men have not participated in the labor force at that rate since the early 1970s.

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explanation:

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