Labor Shortages

A shortage of women workers in China pushes up wages

Michael Cook | 20 May 2013

Believe it or not, China is facing labour shortages. There is a shortage of women (I wonder why) and wages are rising. The Economist reports in this video.

Bye-bye Baby Boomers

Vincenzina Santoro | 29 March 2010
Persons born during the 1946-1964 time span became known as the “baby boomers” as postwar family formation returned to normal after the economic depression of the 30s and the belligerencies of the early 40s. This year the first of the baby boomers turn 64 and the last of them turn 46. The demographic consequences of this phenomenon are significant. The older boomers are finishing up their careers, commencing retirement and experiencing the joys of becoming grandparents. The younger boomers are mostly married, at the peak of their careers, spending dearly for their children’s higher education, and the mothers have bid farewell to the possibility of more children.
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