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Around the globe, declining birthrates ensure that this shortage will remain a persistent issue."
Source: https://energycentral.com/c/um/labor-shortages-here-stay
As for Kishida's government, 56.3 percent opposed the plan to raise social security premiums in order to help finance policy measures to fight the country's declining birthrates, with 38.8 percent approving the plan.
Even within millennial groups in the US and Europe, it is among the middle and upper classes where birthrates are mostly falling.
The pull factors involve falling birthrates and ageing populations across much of the developed world.