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Trends over the past 25 years suggest there is still some scope for labour force participation to contribute to supporting the labour supply, but not all contributions of the past will continue to have the same effect in the future. Population ageing poses significant challenges to economic growth, but there are policy tools that can at least partly mitigate its effects. 1 Chief among these are boosting productivity and increasing the working-age population through immigration. 2 Another such tool related to the labour market is to make greater use of labour by increasing workforce participation among groups that remain under-represented.
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