Latest / The Demographics Podcast with Fexingo: Aging Populations, Birth Rates, and Economic Impact
How Falling Birth Rates Reshape the Labor Market
In this episode, Lucas and Luna explore how declining birth rates are fundamentally reshaping the U.S. labor market. They focus on a specific case study: the shrinking pool of entry-level workers aged 16 to 24. Lucas shares data from the Bureau of Labor Statistics showing that this age group has declined by nearly 8% since 2010. The discussion covers how employers are responding, from raising starting wages to investing in automation. They look at the restaurant industry, where chains like Chipotle now offer $18 an hour for entry-level roles, and the construction sector, which is turning to…
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