The phrase "declining workforce" is correct and commonly used in written English.
It refers to a decrease in the number of workers available in a particular industry or region. Example: The country's economy is struggling due to the declining workforce, as there are not enough qualified workers to fill the job positions available.
Isn't declining workforce participation just an inevitable consequence of America's steady aging?
If Abe's plan works, Japan could add as many as 8 million workers to its slowly declining workforce.
A demographic black hole looms with a low retirement age, a fast-growing population of old people and a declining workforce due to the one-child policy.
Let me return for a moment to two familiar topics in this space: Employer-provided health insurance and declining workforce participation.
Recent population projections have indicated that the number of people in the state will actually drop from 1.37 billion today to 1.3 billion by 2050, while a declining workforce has increasingly struggled to support a growing number of pensioners.
But until they are treated the same as regular employees, they will remain a poorly motivated underclass.Faced with a declining workforce, the government has realised that its first priority must be to make better use of the country's capable existing workers.
Without that, and given the declining workforces in some countries, it will be hard for developed economies to grow.
Thus, Japanese society faces serious demographic challenges, the most urgent being a rapidly aging population and concomitant declining active workforce.
In an environment where customers' tolerance for quality problems is declining, a workforce that embraces quality as a core value is a significant competitive advantage.
An aging population with numerous health needs and a declining physician workforce have combined to create a physician shortage — the Association of American Medical Colleges projects a shortfall of up to 100,000 doctors by 2030.
The same report says that nationally, fewer homes are being built than at almost any time in U.S. history, with a declining construction workforce contributing to significantly longer time needed to build a house.
