Shrunken Workforce News Today : Breaking News, Live Updates & Top Stories | Vimarsana

to the latest estimates. britain's labour shortage is weighing on the economy and making it harder to control inflation as it pushes up wages. so on thursday the government's finance chief — chancellor of the exchequerjeremy hunt — outlined plans to get more people into the workforce. it could mean benefits being cut for healthy people who aren't in a job, as well as more support to get sick people back into work. meanwhile, the person who hopes to take his job after the next election — shadow chancellor rachel reeves — has told the bbc that the answer is more spending on the...

The kind of personal and familial cost. but did it accomplish those goals, the goals the party itself had? >> very little. we tend to think of the one child policy as a link to economic prosperity because it happened about the same time. but really china's economic prosperity was to do with more people, not less. it was to do with all the big labor pool of people born before the one child policy was conceived. the problem going ahead, china's facing a big aging population. much more shrunken workforce. and so the one child policy is actually impeded future economic growth for china. >> the boo...

With china. we need to start producing all of that oil and gas that america is capable of producing so we're not shoveling so many dollars out the door. >> jim, what do you make of it? the president is touting these figures. >> look -- you sort of allude to that sort of shrunken workforce, all of the people that the government doesn't count anymore. if this workforce, the labor force is as big as it was prerecession, the unemployment rate would not be 8.9%, it would be 12% worse than the great depression. at this pace -- at this pace of job growth, we're likely to have another recession before...