How Will Fiscal Policy Deal With Lower Employment?

The video discusses employment trends, highlighting the dependency ratio and fiscal challenges due to an aging population. It critiques misleading unemployment statistics, noting issues like underemployment and undercompensation. The role of finance in addressing these economic challenges is explored, emphasizing the need for honesty and political training. The video also examines central banks' challenges in interpreting economic data as the labor force changes.

What does the dependency ratio indicate about future government payments?

How does the speaker describe the current state of employment in relation to demand?

What are the implications of underemployment and under compensation mentioned in the text?

How does the speaker relate the minimum wage debate to broader economic issues?

What challenges do central banks face in measuring economic data according to the discussion?