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1.This has effects not only in the work place but in the world finance.
“not only … but also …”是一个并列连词词组，其意思基本等于“both … and …”，但侧重点放在“but also”上，另外该词组使用时须遵守一定的规则，如要求对称，倒装及主谓一致等。
使用not only … but also … 时须注意的几点：
1. not only与but also后面所连接的词的词性必须对等：
(1) Frankin was considered not only an inventor,but also a statesman. 富兰克林不仅被看作发明家，而且被看作政治家。
(2) The nurse was not only competent but also kind. 这位护士不仅能干而且亲切和蔼。 (3) They not only broke into his office and stole his books,but also tore up his manuscripts. 他们不仅闯进他的办公室，偷走了他的书，而且还撕掉了他的手稿。
(4) Not only you but also she has to attend the ceremony. 不令你而且她也得参加典礼。
(5) In production,we should always keep an eye not only on quantity but also on quality. 在生产中，我们不仅要关注数量，而且要关注质量。
(6) They completed the project not only punctually but also perfectly. 他们不仅准时完成工程，而且完成得很出色。 2. not only只能连用，而but also既可连用，也可分开用： a. He speaks not only English,but also French. 他不仅说英语，还说法语。 b. Television is not only boring,but it also wastes a lot of time. 电视不仅乏味，而且还浪费许多时间。 c. She was not only compelled to stay at home,but she was also forbidden to see her friends. 她不仅被强迫蹲在家中，而且被禁止去看朋友。 3.谓语动词的数应与but also后主语的数保持一致： Not only you but also Mr Zhang teaches in this college. 不仅你，张老师也在此学院教书。
2.The bond rating agency Moody's says the aging population will lead to a drop in household savings.
lead to引起；导致
Mass unemployment may lead to social upheaval.
大批失业会导致社会动乱。
3."That will translate into reductions in labor supply.
translate into把…转化成，意味着
We must make efforts to translate our ideal into reality.
我们必须努力把理想变为现实。
4.It is a misalignment of demand rather than a total and a drastic change in the demand.
rather than而不；不是
Really it's a workmanlike conference rather than a dramatic one.
会议的确开得有板有眼，但谈不上激动人心。
