The 'sansdemic': How declining fertility may be affecting the job market
Hardly Working with Brent Orrell · American Enterprise Institute
Audio is streamed directly from the publisher (podcasts.captivate.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
The declining birth rate has come for most advanced countries, and the US is no exception. Now, we are starting to see what a labor market reshaped by years of low fertility looks like and what the future may hold.
Ron Hetrick of Emsi and Rob Sentz, formerly of Emsi, joined me to discuss their report on what they’re calling a “sansdemic” — literally, “without people” — labor market. They focused on how this low fertility will affect the economy and what, if anything, the government can and should do in response to these developments.
Show notes:
What to expect when no one’s expecting
On the strong labor market before the pandemic
On the lower engagement with the workforce among some Americans
On the April Job Openings and Labor Turnover Survey report
On the declining birth rate within the US
On the issues with prime-age men
National Bureau of Economic Research video games study
On the young people who need jobs
On the tight labor market today
On why automation won’t take your job
CGP Grey video about automation