Demographics are labor market destiny
Update: 2025-01-08
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We’ll get reports on December’s hiring and unemployment this Friday. Monthly data is one thing, but let’s take a generational view: Demographics will help define the health of the labor market going forward, and members of Gen Z — now entering the workforce — can’t replace all of the aging baby boomers nearing retirement. We’ll discuss. Also, how pay and automation concerns are playing out at the Port of Cape Town.
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