Surviving the Demographic Disruption | Tractus

March 22, 2024

By 2050, the global population of those aged 60 and over is expected to double. As the workforce ages, the dwindling pool of young, able-bodied workers affects productivity and puts pressure on labor-intensive industries. If left unchecked, this will lead to rising production costs and supply chain disruptions across key industries, eroding the competitive edge of even the most attractive manufacturing destinations. Nations impacted by the demographic disruption must find innovative and equitable solutions to not only address the imbalance between a depleting workforce and the demands of the manufacturing sector, but also to sustain the health and wellbeing of their aging and vulnerable citizens.

Tractus’ Sarah Urtz and John Evans discuss the impacts of the demographic disruption and modern solutions for manufacturers and investors worldwide in our latest article for Site Selection Magazine.