By the year 2020. there will be only two workers for every one retiree. Theres good reason to believe that this labor shortage is more than cyclical. Factors contributing to a labor shortage well into the 1990s include a tightening immigration policy. low fertility rates. and the baby boom generation having fully entered the labor market. Productive citizens. especially those who fill jobs that would otherwise go vacant in such places as hospitals. day care centers. and retirement communities. should not be penalized for maintaining an active work schedule. Further. by sustaining these older employees in the active work force. they continue to contribute a reasonable percentage of their wages to the Social Security revenue account.
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immigration