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A population time bomb threatens to make young people work longer hours, be more productive, and delay retirement, McKinsey finds

  • A McKinsey report warns that declining birth rates and longer life spans could lead to future workers facing longer hours, more years in the labor force, and increased pressure to be productive.
  • The report suggests that future generations will inherit lower economic growth and bear the cost of supporting retirees.
  • Elon Musk and Jeremy Grantham have both highlighted the threat of population decline and its impact on civilization.
  • To address the issue, the report suggests a combination of increased workforce, longer working lives, and improved productivity.

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