Demography, Education, and the Workforce

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Demography, Education, and the Workforce is written by Robert I. Lerman and published by Bloomsbury Publishing USA. It's available with International Standard Book Number or ISBN identification 0313352208 (ISBN 10) and 9780313352201 (ISBN 13).

Leading experts demystify demographics and show how population changes affect everything from government policy to business opportunities to educational standards. Demographics, as Peter Drucker famously pointed out, is one of the seven sources of entrepreneurial opportunity. Why are demographics so important? Consider the quality and quantity of the U.S. labor force. Birth rates largely determine the size of the future workforce, and the numbers of younger and older people affect public spending on education. What's more, patterns in marriage and child-bearing affect the labor force, and migration and immigration alter the mix of job skills, languages, and cultures in the U.S. workforce. While business and government must react to these trends, they can also shape them. Immigration, education, welfare, and tax policies influence births, family composition, and the locations of people and businesses. In private markets, demography interacts with income levels to affect the mix of goods purchased, the types of workers in demand, and the range of new business opportunities available. Demography is a key item in every business or policy planner's toolbox. Demography, Education, and the Workforce shows how to use its principles to advantage.