The world population is expected to start shrinking within this century after hitting a peak in the mid-2080s due to lower fertility levels, particularly in China, according to the latest projection by the United Nations.
The world population is expected to start shrinking within this century after hitting a peak in the mid-2080s due to lower fertility levels, particularly in China, according to the latest projection by the United Nations.
I was hoping productivity or efficiency would make up for it but looks like max we have gotten is about double efficiency. 1960 TEP is 66 on the scale and today 2022 and 2021 is 164-168. Meaning we are 100% more effective. So 2 workers are more like 4 workers in the 1960s. But it isn’t the same as 6 to 1 ratio sadly
https://www.epi.org/productivity-pay-gap/ https://www.mercatus.org/research/data-visualizations/how-many-workers-support-one-social-security-retiree