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I’m not sure why none of the popular narratives are considering that this is just demographics- the boomers are aging out of the workforce. This pushes up the
by fallingfrog 5y ago
I’m not sure why none of the popular narratives are considering that this is just demographics- the boomers are aging out of the workforce. This pushes up the cost of labor due to supply and demand. Which is a good thing, if you’re not a boomer. But it’s going to constrain gdp growth.
- regularfry 5y agoThe baby boom was smaller in the UK, and a slightly odd shape. It did happen, but not to the same extent as in the US.