There's Some Life in the Old Economy Yet
There is a devil in the details. Employment relative to population is down.
The prime working age employment population ratio is at a 23 year high.
The over 16 employment population ratio is declining because the population is aging - more retirees.
https://substack.com/@peternaylandkust/note/c-71702165?r=2w9z3a&utm_medium=ios&utm_source=notes-share-action
Another great recap! Thank you
There is a devil in the details. Employment relative to population is down.
The prime working age employment population ratio is at a 23 year high.
The over 16 employment population ratio is declining because the population is aging - more retirees.
https://substack.com/@peternaylandkust/note/c-71702165?r=2w9z3a&utm_medium=ios&utm_source=notes-share-action
Another great recap! Thank you