Business > Market

The Demographic Drought

6 days ago   |   By Economic Modeling

Emsi has released a new ebook, Demographic Drought: How the Approaching Sansdemic Will Transform the Labor Market for the Rest of Our Live. In this ebook, we discuss the people shortage that is affecting higher education and businesses and will only worsen in the coming decades.
Key takeaways:
COVID and resulting policies accelerated the US into a fast-approaching sansdemic: “without people.” Or in the case of the US, without enough people.
Three major factors hastened the approach of the people shortage:
Record numbers of baby boomers left the market in 2020.
Millions of prime-age workers...
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