Skip to Content
Federal Reserve Bank of Chicago
  • About Us
  • Contact Us
  • Newsroom
  • Museum
  • Careers
  • Banking
  • Research
  • Markets
  • Publications
    • Periodicals
    • Data Releases
    • Speeches
  • Events
  • Education
  • People
  • Region
How Will Baby Boomer Retirements Affect Teacher Labor Markets?
  • Share
  • Print
    • Text Size
    • Smaller
    • Larger
EP cover
About This Article
Vol. 33, 4th Quarter

The authors estimate teacher demand and supply through 2020 to gauge the impact of baby boomer retirements on the demand for new teachers.

  • Download Entire Publication
Last Updated: 11/09/2009

How Will Baby Boomer Retirements Affect Teacher Labor Markets?

Daniel Aaronson, Katherine Meckel

Teachers play a vital role in their students’ educational performance. In addition, there is a correlation between a teacher’s experience and her effectiveness in the classroom—at least in the first few years of her career. These intuitive outcomes are supported by a large body of research literature. With this in mind, it is reasonable to view rising rates of teacher turnover (since the early 1990s) as a cause for concern. Further, the authors expect that retirements, which have driven some of this increase, will accelerate to record levels in the coming decade as growing numbers of baby boomers reach retirement age. This pattern will inevitably necessitate a significant increase in the demand for new teachers. Some communities—for example, poor urban districts, which tend to have especially high teacher turnover rates and severe recruitment problems—might be particularly susceptible to declining teacher quality as a result of increased retirements.

Subscribe Now

Register to receive email alerts when new issues are published.

Subscribe
More by this Author

Daniel Aaronson

  • Explaining the Decline in Teen Labor Force Participation
  • The Impact of Baby Boomer Retirements on Teacher Labor Markets

Katherine Meckel

  • Remittance Behavior among New U.S. Immigrants
  • The Impact of Baby Boomer Retirements on Teacher Labor Markets
Related Topics
  • What Is Behind the Rise in Long-Term Unemployment?
  • How Do EITC Recipients Spend their Refunds?
  • Displacement, Asymmetric Information and Heterogeneous Human Capital
    (REVISED, June 2010)
  • After the doors close: Assisting laid-off workers to find jobs
View All

Follow Us:

FaceBook RSS Twitter YouTube
  • About Us
  • Contact Us
  • Newsroom
  • Subscribe
  • Tours
  • Careers
Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322
Copyright © 2012. All rights reserved. Please review our
  • Privacy Policy
  • Legal Notices