If you look in our appendix, we describe in some detail the sources of potential upward growth. In the last decade, labour force growth was increased at about one percentage point. With the baby boomers retiring, that is going down. By 2015, we have it at half that, half a percentage point. So drawing workers into the labour force and addressing skills mismatches—these issues are going to become more important in maintaining growth.
On October 29th, 2013. See this statement in context.