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The global working age population is shrinking: The percentage of people aged 15 to 64 in the world population is down -20 points since 1960, to 55%. Over this period, the sharpest decline was recorded in China, at -36 percentage points, to 44%. In the US, the working age population proportion fell -13 percentage points, to 54%. On the other hand, the European Union saw a +2 percentage point increase, to 57%. Overall, the number of countries where the working age population is shrinking is up by +48 since 1980, to 50. That number is estimated to increase to 77 by 2040. Demographics are set to be a major headwind for growth in developed global economies.
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Watching Kite closely and it honestly feels like the moment blockchain starts matching the speed of AI. Autonomous agents paying, coordinating, and acting with real control and safety. This is not hype, this feels like future infrastructure being built @KITE AI #KITE $KITE
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Is US private sector employment improving? ADP Private Payrolls rose by an average of +11,500 per week over the 4 weeks ending December 6th. This marks the 3rd consecutive reading of payroll gains. This is lower than the +17,500 reported for the week ending November 29th, but above all prior 5 readings. As a result, the private sector added an estimated +46,000 jobs over the 4 weeks ending December 6th. The labor market may be seeing some relief.
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BREAKING: 🇺🇸 US Initial Jobless Claims: Actual: 214k Expected: 223k
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BREAKING: THE S&P 500 SURGES TO NEW RECORD HIGH
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