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PEAK JOBS

Since 2000, the American economy has needed fewer and fewer (in proportion to the population) adults in the workforce. This trend will accelerate during this century. We no longer need to worry about job creation; we don’t need as many people working. What we do need is a paradigm shift in public and economic policy to adapt to the fact that our population will be working fewer hours in the day, fewer days in the year, and fewer years in our lives. Most see this as a problem, but I see promise. This is a positive future, but with fewer people earning paychecks, how will they continue to buy goods and services? Who will pay the taxes? What will they do with their increased leisure time?

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About Lawrence Brooks

Author: Lawrence Brooks

I have been embedded in the labor force since 1968 in a variety of roles:  worked in the private, public, and not-for-profit sectors and as an independent contractor; created two businesses and cofounded a 501c3; been a union member and managed in a union company. I have been hired, laid off, and fired; later in my career, I was the one who did the hiring, laying off, and firing. Since 1995, I’ve been serving on not-for-profit boards, including 16 years as president of three. After more than 50 years in the labor force from a broad and diverse collection of opportunities, I am a highly qualified reporter of the macro view of the labor force.

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RECOMMENDED RESOURCE

Friend, if you are interested in researching the labor market for yourself, one of the best resources available to the public, for free, is a tool of the Federal Reserve Bank of St. Louis called the FRED graph. The visitor can create their own interactive graph using a variety of statistics from sources such as the Bureau of Labor Statistics, the Census Bureau, and others. From their website:

fred
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