BIS Review 116/2006  3  With regard to the labor force, research by the Board's staff highlights the role of demographic factors in determining the number of people available to work in the years just ahead.
There is little doubt that this downsizing process is “shrinking to health” – difficult as the repercussions will be for institutions and their employees. Out of cost-efficiency considerations, if nothing else, overcapacity which is no longer needed has to be either downsized or deployed to other profitable purposes.