Demographics: “Slower growth in the working-age population”
“These excess retirements might now account for more than 2 million of the 31/2 million shortfall in the labor force.” He said a second factor contributing to the labor supply…
Demographics: The World’s Happiest Country nonsense
As explained in excruciating detail here, the World’s Happiest Country metric does not measure anyone’s happiness. Instead, it collects some metrics, weights them, drops them into the Stat-o-Meter, and pops…
Automation: Most restaurants investing in automation
Restaurant chains experimented with automation this year as the labor crunch pressured their profits. Source: Restaurant chains are investing in robots, bringing change for workers The labor shortage is a…
Demographics: Education loan forgiveness, college tuition inflation
Demographics, fewer young people, demand for labor and higher salaries may result in fewer young people compelled to take out large loans and attend college. But the experts think college…
Demographics: Paul Ehrlich argues science is wrong and peer review doesn’t work
He’s been wrong about essentially everything – just read the comments to his own post. But defends himself by “name calling”, then “appeal to authority”, then more “appeal to authority”…
Demographics: “the great demographic implosion”
This 25-minute video is a good overview of the demographic challenges we face. The media spends about 1000x more time on the climate change hypothesis while ignoring the demographic issues…
Demographics: “Value of graduate degrees is going down”
Yep: Another report from the New York Post suggests that students are pursuing graduate degrees to distinguish themselves in the job market. With degree inflation, or the rising percentage of…
Demographics: The end of “everyone needs to go to college”?
The labor shortage is a long-term trend, not a short-term problem. This shortage is caused by smaller cohorts of new young workers due to the collapse of the fertility rate.…
Demographics: Less demand for college degrees
‘Instead of focusing on demonstrated competence, the focus too often has been on a piece of paper,’ Utah governor stated Source: Utah axes degree requirement for 98% of civil servant…