> Perhaps net total jobs is still on the rise, but the rate of population growth is that much faster than the rate of jobs created.
The rate of population growth is declining, especially in developed nations. The UN estimates that the world population will peak at ~9B in the 2050s and then begin falling. Also, the demographic balance is changing because there will be fewer young people in the job market.
So perhaps the jobs/people ratio will improve, but these same demographic changes (and increasing life expectancy) pose big questions about fewer workers supporting healthcare and government services for more older people.
The rate of population growth is declining, especially in developed nations. The UN estimates that the world population will peak at ~9B in the 2050s and then begin falling. Also, the demographic balance is changing because there will be fewer young people in the job market.
So perhaps the jobs/people ratio will improve, but these same demographic changes (and increasing life expectancy) pose big questions about fewer workers supporting healthcare and government services for more older people.