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US demographic change will have broad economic effects

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UNITED STATES

This has implications for the size of the workforce and the living standards that the US economy is capable of supporting. It will also have broader consequences for the US…

Lower workforce will impair global GDP trend growth

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INTERNATIONAL

Changing demography and socio-economic trends in the labour force.

Foreign workers will ease Japan’s labour shortage

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JAPAN

Near-stagnation in wages is difficult to reconcile with reports of a very tight labour market in which firms struggle to hire. The answer lies partly in much higher levels of…

Demographic-focused policies would raise global growth

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INTERNATIONAL

The end of population growth in many countries threatens GDP growth prospects, while the rise in life expectancy and an expanding dependent population threaten fiscal…

Efforts to grow US union membership face hurdles

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UNITED STATES

The small, astute and independent labour unions leading these organising drives have made traditional 'big labour' look tired and out of touch. Yet their success remains…

Australian income tax changes will have limited impact

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AUSTRALIA

Labor’s changes reduce help for higher earners and instead prioritise workers on low and middle incomes. Parties on the political right have condemned the move, but opinion polls…

Job deficit may stymie India demographic dividend

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INDIA

At 1.4 billion in 2022, India's population is expected to reach 1.7 billion by 2050 before levelling off. The projection also confirms that India can expect to sustain a 'young'…

COVID-19 may trigger an ideological shift over decades

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INTERNATIONAL

Research by Thomas Piketty shows that a form of free-market ideology has been a key driver of rising income inequality since the 1980s. The airing of alternative ideas, the…

Technology will address Japan's demographic decline

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JAPAN

Japan's Society 5.0 initiative.

Millions more US jobs can be added before rates rise

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UNITED STATES

March figures continued the 2% growth trend, keeping the unemployment rate close to its lowest level in more than 50 years. The median length of time an individual is unemployed…