Are low birth rates a problem? The job market keeps being published about lack of employment. Recent was this UK having a 1,200,000 plus college graduates and less than 100,000 job placements. The USA market is also bad with very limited economic mobility based on years past.
Is the job market too restrictive with maximize profit over maximum knowledge transfer and upkeep? Not properly balancing older and newer labor. That is the reason for "low birth rate problem"?
ML is being pushed to condense the labor market even more. Along with growth of larger and more powerful businesses. Number of businesses are pushing to be an oligopoly and more to a duopoly or monopoly.
The current and future labor market with modern business ideology does not seem to match the statement _low birth rate problem_. The problem seems to be elsewhere.
Based on my understanding, that’s still the case. I think the problems you mentioned are currently beyond what any government can handle, even one with extremely strong control like China. China is now facing both rising unemployment and a low birth rate. In the past, when China’s birth rate was higher, unemployment was not this high. The fundamental problem is not that there are too many people, but that the economy lacks vitality. Moreover, a declining birth rate will cause systems like pensions and healthcare—which rely on the next generation to support the previous one—to collapse.
> Recent was this UK having a 1,200,000 plus college graduates and less than 100,000 job placements
The UK is producing too many graduates, often doing low quality courses at low quality universities, who then cannot get the graduate level jobs they aspire to.
The UK does not have enough people to work in many other areas - tradespeople, care workers, doctors and nurses, archeologists, chefs....
>Is the job market too restrictive with maximize profit over maximum knowledge transfer and upkeep?
Victor Shih (China scholar) says that employers in China mostly don't care about profit margins nor do the banks that lend to them.
SOEs maybe, but not Chinese private companies.
Whether a private company can get a loan however depends more on whether it is in a sector that Beijing wants to encourage than on the company's expected profit margin or expected return on investment--according to Shih.
A bank loan sure, but most of the capital private companies are working on aren't coming from banks (especially state owned banks).
OK, but I think the banks do most of the Chinese economy's investing (and Beijing exerts a lot of influence on the nature of that investing by the banks).
The relationship between the job market and employment is not so straightforward as you presume. After all, fewer people means less demand for labor as much as it means more supply. In general a falling population is considered an economic risk.