Economic Debate: US July Employment Dismal! Job Opportunities Drop by 23,000, Economy May Have Left 'Healthy Levels'

The US Department of Labor announced last Friday that employment opportunities in July decreased by 23,000. The US economy relies on two major engines within the labor market: growth in the labor force size and increases in worker productivity. However, population aging and the labor required to support an aging population are worsening labor conditions. The Congressional Budget Office estimates that the current US population aged 65 and over is approximately 66 million. (Chart source: ZeroHedge) The CBO projects that within 10 years, the US population aged 65 and over will rise to 78 million. This situation closely resembles that of Taiwan! For full details, VVIP members can unlock the complete report. Join the global discussion on geopolitical and economic trends and investment markets. Become part of the 'Debate! Wall Street' LINE community to engage in deep conversations with industry elites (password: WSJWSJ)