Consider the big picture, as we…ve laid it out in previous issues of Trends:
꼑 The population of the developed world is rapidly aging.
꼑 The United States is the only advanced nation where the workforce is forecasted to grow over the next 50 years.
꼑 The populations of the EU and Japan are actually expected to shrink over that time period.
꼑 Even China is rapidly aging and the size of its workforce will peak around 2025.
꼑 At the same time, Latin America, India, the Middle East, and Africa all have young, rapidly growing populations of under-utilized workers and under-served consumers. |