[Excerpt] In this report, the President’s Council of Economic Advisers (CEA) presents a projection of potential developments in the U.S. labor market over the next five to ten years and discusses the preparations necessary to develop the 21st century workforce. We discuss the skills that will likely be most relevant in growing occupations, the value and limitations of our current post-high school education and training systems, and the characteristics of a more effective education and training structure. At an aggregate level, the data indicate that the economy of 2016 will resemble the economy of 2008, with several important shifts that have implications for employment.