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Company hiring policies are limited by the type and number of employees available. It is important, therefore, to identify the major US demographic trends that will affect future hiring practices.
- The slowing growth rate of the work force (21 per cent in the 1970s, 12 per cent in the 1980s) has led to predictions of labor shortages.
- Service industry employment is projected to increase but at a slower rate. Relative to national employment, 18.1 per cent of all jobs were service jobs in 1969. By 1978 the figure was 20.3 per cent. Projections for 1990 and 2000 are 22.3 per cent and 23 per cent, respectively.
- Food-service alone employs over 7.5 million people. In 1976 over half of the food-service labor force was under 24 years of age. The pool of workers 16 to 24 years old will decline sharply through the 1990s.
- More than two-thirds of all labor force growth will come from increased participation by women in the workplace.
- Minority labor force growth will be twice that of the white labor force.
- The pressure of immigration, whether legal or illegal, will grow, particularly from Latin America.
In light of these US trends, companies will have to turn to sources, some traditional, others less so, to meet their future employee needs.
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