If there was a baby boom in the 1950s then there must be a baby bust in the 2020s as Boomers exit the workforce.
No, it’s not that the Baby Boomers are expected to die in droves in the coming decade, it’s that they’re right now exiting the workforce at a faster rate than Millennials and their successors are entering the workforce.
And this has only been made worse by our locked borders because of the pandemic.
To understand what this means for our economy and our property markets today I’m joined by leading demographer Simon Kuestenmacher who’ll give us insights into his latest research into what’s ahead.
Links and Resources:
Michael Yardney
Simon Kuestenmacher - Director of Research at The Demographics Group
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Shownotes plus more here: Demographics suggest that there’s going to be a skills drought, with Simon Kuestenmacher