Near Perfect, New Probability
Moody's Talks - Inside Economics
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The Rise in the Working Age Population
I think there's two possible explanations. I don't know that it's the increase in population that's driving it or just an increase in participation amongst those younger workers. If you look at the prime employment to population ratio, that's the highest that it's been since the early 2000s. And some of it's an offsetting effect where you've gotten this really strong participation amongst prime age workersthat you haven't really necessarily expecting to see that hitting new highs here at this point.
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