The Demographic Threat to America’s Jobs Boom

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As fertility falls and immigration tightens, the U.S. is losing its demographic advantage over other countries, writes Greg_Ip

The U.S. job market continues to blow through expectations, generating 200,000 new jobs month after month and driving unemployment far below what economists thought a decade ago was the lowest possible level.

The main reason is that the economy tends to keep creating jobs until interrupted by a recession. The current expansion has now lasted a record 10-plus years. So long as the usual recession triggers—rising inflation and interest rates, or financial excess—remain absent, job creation should continue.

 

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greg_ip That's what brains are for. TRUMP 2020

greg_ip 60 million abortions?

greg_ip It's not about quantity but rather quality! Truth is like poetry...

greg_ip 'Bolt table down before loading to China, -- thanks tRump MAFA'

greg_ip The answer is more white babies.

greg_ip LOL. Open border groupies & 'hard to find help' crowd doing MASSIVE DAMAGE to US wrkrs & spewing out GARBAGE MATH. Do u see 'tight' immig policies? ROFL.

greg_ip Seriously? Did you just read Henny Penny/Chicken Little before writing this? Thanks for informing us that the sky is falling. What about changes in technology and trends? Do you think that might figure into your calculus, making your whole premise moot? Why write a scare story?

greg_ip In the near future the current workforce across the board will be reduced by a third by AI and robots.Will there be any jobs for anyone in the future?

greg_ip NSSM200

greg_ip Nations have more respect for the Leader of the USA Today mire than the last 60 yrs. Others don’t respect those they can walk all over.

greg_ip Aha.... Scope toh banta hai

greg_ip 'Fertility' isn't falling. It is being choked out by capitalist hoarders that are mortgaging our long-term prospects for short-term profits. Immigration is tightening because of this, and a fresh wave of American exceptionalism that is rooted in racism. We must reverse course.

greg_ip Falling birthrates are a net positive for reducing carbon emissions and the economic slack should be made up for by loosening immigration to allow for more of it, up to and including open borders, to permit the free flow of humanity fully allowed under international law

greg_ip 'don't have babies, focus on your career.' 'don't marry between man and woman, that's not modern.' now: 'there's no babies, U.S. is losing its advantage.' lulz. Trump2020 USA

greg_ip Wages are up!

greg_ip Agreed immigrants that are here for work help America

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