Re:Fewer young men are in the labor force, more are living a...
by amanaplanacanal on Friday June 11, 2021 @11:08PM
(#27481129)
Only if productivity is flat. If productivity grows faster than the population shrinks you can still have a growing economy with fewer people.
[ Parent
| on HN ]
Re:Fewer young men are in the labor force, more are living a...
by rayiner on Friday June 11, 2021 @11:22PM
(#27481211)
Productivity grown in the service sector (2/3 of the economy) has been just 0.9% annually since 1947: https://aneconomicsense.org/tag/productivity/. It’s pretty much stopped growing over the last couple of decades.