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And I believe that in the US the number actually working full time has shrunk even faster than the working age population . I expect to see a further decline in the number working later in the year as some (after a prolonged layoff )discover that not working has lots of charms. It certainly does for me , it's called retirement. The worry is lack of funds but people can adjust downward as long as true needs are met.

But these trends are very long term, I can't tell what will happen tomorrow much less in 20 or 30 years.
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