This report investigates the projected shifts in the United States labor market and workforce demographics leading into the 21st century. Author William B. Johnston, writing for the Hudson Institute, utilizes extensive demographic data and economic modeling to forecast the challenges facing the American economy. The text argues that structural changes in population age, gender participation, and educational attainment necessitate significant policy adjustments to maintain national productivity and economic growth.

Experts frequently cite this report as a foundational document for understanding late-20th-century labor policy and demographic forecasting. While some of its specific predictions have been superseded by subsequent economic events, the methodology remains a standard reference for historical labor studies.