With the role of world leadership thrust on the United States, it is academic to ask whether we shall employ older people in industry. The practical question is: What are the manpower prospects within the population structure and how can we most intelligently utilize our limited human resources? Whether the war be cold or hot, increasing civil needs, the Point Four Program, and rearming the free peoples of the world are placing and will continue to place a prodigious demand on our production capacity. Any one would be sufficient to strain our foreseeable resources; the three in combination will require that we employ all manpower available, young and old, and that we use it more intelligently than in the past.
Five basic factors are at play tending to restrict manpower resources:
The population of the United States has reached a transition point in growth and is rounding off to a
Velz CJ. MANPOWER PROSPECTS WITHIN THE POPULATION STRUCTURE. JAMA. 1951;147(14):1319-1322. doi:10.1001/jama.1951.03670310009002