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It cannot remain dynamic with an ageing, shrinking workforce.
A country with a shrinking workforce has a diminished need for a commuter transport system.
Japan's shrinking workforce is burdened by the cost of a growing number of the elderly.
Shrinking workforce We already see signs of the thinning of the workforce in some information industries.
Businesses worry about its largesse in public pensions, which defies Germany's mix of an ageing population and shrinking workforce.
Europe has to cope with a shrinking workforce and an ageing population, as well as fiercer global competition.
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With ageing populations and shrinking workforces, their economies may grow more slowly than they have done in the past.
Social contracts are breaking down in advanced economies, as shrinking workforces have to support growing populations of elderly while their own entitlements are being cut.
That could have implications for jobs in certain areas, the IFG added, as it highlighted the shrinking workforces of local government and in social work while education employment had risen since the last spending review.
Joseph Chamie of the United Nations Population Division calculates that the Chinese could retain today's ratio of workers to old folk only by continuing to work past the country's average life expectancy.Economies with shrinking workforces will grow more slowly or even contract, even if growth per worker continues to rise.
The stark warning was referring to the worsening shortfall of office space in the city, which has driven rents to stratospheric levels, sent vacancy rates to record lows (despite the shrinking workforces in the finance sector), and prompted some companies to mull alternatives.
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