America’s Coming Demographic Crisis Is Bad News for Employers
We all might one day be replaced by robots or ChatGPT. But for now, businesses still need humans to make computer chips or staff daycare centers. Problem is, too few workers in the US are actually working and too few people are having babies. That’s a major concern for American industry, policymakers, and most immediately, tech giant Intel Corp. The company is trying to find 7,000 people in central Ohio to build its new semiconductor facilities and 3,000 more to staff them.
On this, the season’s final episode of Stephanomics, we dig into the super-tight US labor market, which is expected to…
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