The Peterson Institute held a full-day conference on "Labor Market Slack: Assessing and Addressing in Real Time," on Wednesday, September 24, 2014. Participants for panel 1, "Can we reconcile slow wage growth and demographic labor supply decline?," included: David Blanchflower, Dartmouth College and Peterson Institute for International Economics; Julie Hotchkiss, Federal Reserve Bank of Atlanta; Michael Kiley, Federal Reserve Board; Betsey Stevenson, Council of Economic Advisers; and Justin Wolfers, Michigan University and Peterson Institute for International Economics. Erica Groshen, US Bureau of Labor Statistics, chaired the session. For more information about this conference, visit: www.piie.com/events/event_detail.cfm?EventID=349