I am not sure how quick it accelerates but it is something to consider.
The laborforce participation rates peaked in the US in 1998 and globally in 1990. So as a percentage of the working age population, it is already down.
I am not sure how quick it accelerates but it is something to consider.
The laborforce participation rates peaked in the US in 1998 and globally in 1990. So as a percentage of the working age population, it is already down.