Demographics, Unemployment Rate and Inflation

In early 2015, I wrote about the possible relationship between Demographics, Unemployment Rate and Inflation.  An excerpt (at that time the unemployment rate was at 5.7%): If we look at the annual change in the prime working age population, there is one other period similar to the current situation - the early-to-mid 60s. … The key is the prime working age population was declining in the early part of this decade and has only started increasing again recently. This is very similar to what happened in the 60s.  In the early 60s, there was a slow increase in the prime working......(read more)

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