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…
Demographics: Educational Attainment
Another chart showing back to 1940 For the 2nd half of the 20th century, the U.S. out competed much of the world due to two things: At this point, adding…
Demographic 46: WaPo says we must import far more immigrants
WaPo says the U.S. must import vast numbers of immigrants to contend with the birth rate decline. They then do a mashup of political issues, conflate illegal immigration with legal…
Automation: Robots restocking shelves in Japan
Automation is how the declining population’s labor shortage problem will be addressed: A robotics company is installing restocking robots in 300 grocery stores in Japan – and the plan is…
Demographics 44: Labor Secretary says we need more immigration
The decline in birth rates has been underway for 20-30 years, depending on the country. Every country says they hope to import immigrant workers but – this is global… some…
Possibly: “Are you saving more than you need for retirement?”
As previously reported, most professionals and college educated are over saving for their retirement years, and in so doing, are forgoing other beneficial life experiences earlier that they may not…
Demographics 39: “Lower Labor Force Participation Rates and Slower Population Growth Pose Challenges”-Federal Reserve
As the nation recovers from the pandemic-induced recession, finding workers to fill job openings has been a headwind for many regions and industries. Although many researchers have pointed to the…
36-Demographics: Differences of Young versus Old – and how to pay for it?
The young tend to spend more on products. Think of buying a home and then needing to (eventually) add furnishings, kitchen utensils, laundry machines and so on. The old tend…
22-Demographics: An important reason to develop international skills
I added a big update to this post so adding this link as a new, updated quick look: 22-Demographics: An important reason to develop international skills