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The main conclusion from this demographic work is that, barring a new increase in female labor force participation or a significant increase in the growth rate of the population, these demographic factors point towards a further decline in trend growth of employment and hours in the coming decades.
FORBES: Does An Aging Population Hurt The Economy?
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The shortage of places in primary schools reflects a growth in the birth rate - with some areas facing an increase of 25% or above in the primary school population.
BBC: Education & Family
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The unemployment rate actually rose, to 9.1%, in May: the rate of job creation is barely keeping track with the natural increase in the working-age population.
ECONOMIST: Barack Obama and the Republicans