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Thomas J. Pfaff examines U.S. population trends, revealing a looming 'demographic cliff' where the number of high school graduates is set to decrease substantially in the coming years. This demographic shift has implications for college enrollment and the workforce. Pfaff also explores the impact of median age differences across racial groups on wage gaps, arguing that age and other factors should be accounted for when analyzing disparities. The analysis provides data-driven insights into the evolving U.S. demographic landscape and its potential economic consequences.
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U.S. Demographics, the "Cliff", and wages →
Writer
Thomas J. Pfaff
Summary
Thomas J. Pfaff examines U.S. population trends, revealing a looming 'demographic cliff' where the number of high school graduates is set to decrease substantially in the coming years. This demographic shift has implications for college enrollment and the workforce. Pfaff also explores the impact of median age differences across racial groups on wage gaps, arguing that age and other factors should be accounted for when analyzing disparities. The analysis provides data-driven insights into the evolving U.S. demographic landscape and its potential economic consequences.
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