Again, Bill McBride from Calculated Risk chips in with more news as the prime working-age population grows again.
Changes in demographics are a very important determination for economic growth. We need prime working age people to aid in growth of the economy. In the seventies, eighties and nineties we had a huge surge in Prime working age population, and it appears we are showing growth again. In fact we are showing .5% growth per year. This is more growth than in previous generations. Demographics are now improving.
Take a look: Update: Prime Working-Age Population Growing Again