Why does it matter?
Four points off participation means millions fewer workers supporting the same public commitments.
Direct quote
By the beginning of 2050, economists expect a LFPR of 58.3% in the unconditional scenario and 55.0% when assuming the rapid scenario, with roughly half of that decline—equivalent to around 10 million lost jobs—likely attributable to AI rather than demographics and other non-AI trends.
Forecasting Research Institute