The “silver wave” of retiring baby boomers means labor shortages could last for years. Plus, the U.S. falls from the corn-exporting throne.
But what they’re spending their money on is shifting.
During the pandemic, people spent money on stuff. Then, they spent money on experiences. Now, it seems they’re spending money on things that help them connect.
Heather Boushey of the Council of Economic Advisers talks about the challenges of implementing the president’s economic agenda.
Brazil breaks America’s near-lock on the top spot for half a century. But corn growers are still doing fine.
With the acceleration of baby boomer retirements, multiple sectors face long-term challenges finding enough workers to meet demand.