Consider the big picture, as we¡¦ve laid it out in previous issues of Trends:
„h The population of the developed world is rapidly aging.
„h The United States is the only advanced nation where the workforce is forecasted to grow over the next 50 years.
„h The populations of the EU and Japan are actually expected to shrink over that time period.
„h Even China is rapidly aging and the size of its workforce will peak around 2025.
„h At the same time, Latin America, India, the Middle East, and Africa all have young, rapidly growing populations of under-utilized workers and under-served consumers. |