Expert answer:Labor Force Situation in US

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Solved by verified expert:After reading article and1. Define the labor force participation rate. (LFP rate). 2. Draw an age pyramid for the US in 2017 and another age pyramid for 2027. Use them to explain why Mark Zandi thinks that the US laborforce may shrink after 2027. 3. What are some reasons given by Alan Krueger, Melissa Kearney, and Katharine Abraham (KKA) for the decline in the LFP rate? Explain how these reasons lead to fewer people working, don’t justlist them. 4. What policies do KKA suggest to increase the number of people in the labor force? Which of these would encourage work by people 40 to 64?5. Why does Porter think that restricting immigration or imports would be bad policies?https://files.emailmeform.com/1784669/u2I7oexJ/Unemployment%20Is%20So%202009_%20Labor%20Shortage%20Gives%20Workers%20an%20Edge%20-%20The%20New%20York%20Times.htm

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