In a new White House economic report, President Donald Trump’s advisers cite the importance of an expanding labor force to raising growth and incomes.
So the Economic Report of the President suggests an array of policies to add workers, including baby boomers whose retirements have diminished the supply of labor and younger people who have abandoned the job market. A combination of policy changes and favorable conditions, the report notes, could lure 1.7 million more workers and boost growth by one-tenth percentage point annually over the next 10 years.
