Demographics: Labor shortage all over Europe
Source: Labour shortages felt all over Europe – EURACTIV.com All countries, basically. This report, though, fails to mention the fertility rate in Europe has been low for decades and the…
Demographics: Role of Marriage and Education in fertility rates
Source: The Decline in Fertility: The Role of Marriage and Education — Penn Wharton Budget Model As of 2019, about 41% of adult women age 25+ had at least a…
Demographics: The demographic time bomb is ticking
In 2030, America will experience a demographic turning point when all baby boomers will be older than 65. That will equal one out of five Americans. Also importantly, by 2034,…
Follow up: We were wrong about the economy, say the “experts”
To be fair, the “experts” have been wrong about almost everything the past two and half years. It’s known as the “Suicide of Expertise”. Georgieva added that economists were more…
Demographics: Number of children living in poverty drops sharply
Government poverty-reduction programs were decisive. Source: America’s successful war on poverty Part of it (but not all of it) might be because there are a lot fewer children:
Demographics: Fewer people attending college
There are multiple factors at play here: There are 4 million fewer college students than there were a decade ago. Among students who graduated high school in 2016, 70% began…
Demographics: The world’s working age population peaked in 2012
The working-age population historically drives the economy. According to a report by the World Bank, the world’s working-age population peaked back in 2012. Since then, it’s been on the decline.…
Education: Will higher education providers compete?
In about 2 years, the big population decline now in effect at about age 17 and below will become the cohort entering college. Will colleges seek to offer better values…
Economy: Household wealth down about 21%
The 20.9% estimated includes loss in direct value and loss in purchasing power due to inflation: Americans are feeling poorer for good reason: Household wealth was shredded by inflation and…
Demographics 49: Sen Romney proposes paying Americans to have babies
My own state has a 2020 fertility rate of 1.39. Utah Republican Sen. Mitt Romney introduced the Family Security Act. 2.0 last week to address declining marriage rates and the…