'Replacement levels' are irrelevant; robotics and computerized management easily reduce demand for human labor. We don't need 10 kids in the hopes 4 of them survive to take care of the elderly parents and grandparents any more. People living twice or three times as long also makes up for a lot. Simple changes in the tax structures are all that is necessary. Some guy sniveling because he could get rich in 3 months instead of 6 if he only had more cheap labor isn't a labor shortage.
Demographics are a study of more than just race or sexuality.
With ANY population group you will have some people destined for factory work, service work, hospitality, engineering, medical or with abilities in management with everyone excelling in those jobs.
Some jobs simply pay more than others....no real issue except by those who have prejudice.
And hiring service staff for geriatric population is not possible if there is no labor pool to hire from. Which is why certain jobs and products are produced in certain places in the world...because their population lends themselves to create the people who Excell at those products.
Meaning, EVERY nation needs people to have economic growth to cover every area of industry. Efficiency only goes so far. Cuba had one of the most efficient surgery centers of any nation. Today, the USA has copied their model and uses it. But getting Cuba to actually do the surgery is the problem today while here in the US it's just a matter of scheduling.
Surgeons now doing a dozen colonoscopies instead of 2 each day with office consults afterwards then maybe a couple later in the day.
But Cuba's problem can easily become ours....no more surgeons. No more qualified anesthesia techs, no more nursing staff....no more janitorial staff to properly sanitize and clean operating rooms. No one to properly handle medical waste. All have to happen for surgery to happen.
We need people even if we are efficient.