The United States of America is ageing rapidly, and the workforce is not growing.
20.5% of the U.S. population would be 65 or older by 2030, compared with about 16.8% at the start of this decade.
And the labor force participation rate, which at 61.7% is now roughly where it was in the 1970s.
Biden’s big budget comes with a modest growth outlook for an aging country | Reuters
Post a Comment