Good afternoon. Today's PM is 523 words, a 2 minute read.
Illustration: Aïda Amer/Axios
A new concern is taking hold across the developed world: rapidly aging populations that scare policymakers.
Why it matters: Population growth is key to maintaining demand for housing, filling jobs yet to be automated, and paying into pension systems pressed by demographic realities and slowing economic growth.
The big picture: Some countries — like the U.S. — are feeling these issues less thanks to immigration. Others — like China and Japan — are more restrictive, and feeling the bite in projected growth.
The bottom line: Earth has plenty of workers to do the jobs we need, just not in the countries where the jobs are right now. Fixing that mismatch is shaping up to be a central political challenge for the upcoming decades.
Interactive chart here.
Former Chief White House Counsel John Dean prepares to testify about the Mueller Report. Photo: Chip Somodevilla/Getty Images
19 Democratic candidates visited the Iowa Democratic Party's Hall of Fame yesterday to deliver a five-minute campaign pitch to a throng of state party activists — and they hit the stage with a walk-out song of their own choosing, per TIME's Lissandra Villa: