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As to the future size and rate - of growth of the labor force, the Bureau of Labor Statistics recently made this forecast:
“In the first half of the 1350’s, when the small generation horn during the mid-1930’s will be entering working age, there will be a sharp slump in labor force growth. The average annual increase of about 400,000 (without immigration) will be' lower, absolutely and percentagewise, than in any comparable period in re■ cent years.
“In the late 1950’s the bumper crop of babies born during and immediately after World War II will begin to move into the labor force. Labor force entries will therefore rise, probably reaching their peak in the early 1900’s, when an average annual increase of about 800,000 workers is expected. Even at this level, however, the increments to the labor force will be smaller on a per1
centage basis than durjng the depression decade of the 1930’s. "
“After 1965 the rate of laborforce growth is expected to turn downward again, on the assumption of.* defining birth rate in
M fj’t* • years ' immediately ahead.” (
58.9%