Visuals

When automation and aging collide

robot and human arm clasp hands
Illustration: Eniola Odetunde/Axios

Two global mega-trends — automation and aging — are coming together to upend the future of work.

Why it matters: The world is aging, and older people are a larger share of the global population than ever. But a critical lack of job retraining programs targeting workers over 50 is putting this growing population at risk, per a new report from the research arm of insurance company Marsh & McLennan.

The great American housing engine slows

Illustration: Aïda Amer/Axios

Rising prices, changing demographics and low geographic mobility are shaking up the housing market and driving down the number of homes for sale in the U.S.

Why it matters: "It's a sign that the dynamism of the American economy is diminished," says Mark Zandi, chief economist of Moody's Analytics. Home sales drive a lot of economic activity, such as when new owners spend money on renovations and furnishings.