The Scarce-Worker Economy

M01

Scarce-worker cohort

GSX:POP-010:M01 · Model specification · Version 1.0

Connected conditional claims

C01GSX:POP-010:C01In the average case, a smaller resident workforce can still coincide with real GDP at an index of 151, because output per worker rises about 57 percent. The total workforce ends at 11.60 million after 75,000 young immigrants a year and 700,000 additional older workers.high sensitivity

C02GSX:POP-010:C02That same average case still ends short of 738,000 health and care workers, even while digital and administrative work is in surplus. The modelled age-related contribution burden rises from about 8.3 percent of covered wages to 17.0 percent.high sensitivity