Before I retired I had a job that had me looking at demographics of a wide variety of local areas.
One shocker was that a pattern was starting to emerge with the type of local employers.
The data is easily available on Wikipedia for any location.
The largest employers tended to be hospitals, schools, local governments.
What do these employers have in common?
They don’t actually manufacture anything.
They are “service” industries serving each other.
This will not end well.
That might be one perspective, but there is a whole boomer generation that’s hitting retirement. Age, medical needs, and made their $$.