Join our Hedgeye Demography analyst Neil Howe on a monthly research odyssey, as we dive into the latest news that loomed largest on his radar screen the past month.
Last month we saw new research on Long Covid, a stubbornly low LFP rate, and the CDC's official life-expectancy data for 2020.
Here are my top insights from July 2021.
The Macro Show (7/9)
At the beginning of the month, I guest hosted the Macro Show with my fellow demography analyst Christian Ford. We discussed why LFP remains low, the spread of the Delta variant, and the disappearance of European firms among top market cap companies.
According to a new study, about a quarter of patients who recovered from Covid-19 later sought medical treatment for new health problems. "Long Covid," spanning a wide variety of syndromes, afflicts a large share of recovered patients, including one in five of those who reported no symptoms when infected.
U.S. life expectancy dropped 1.5 years in 2020, largely due to the pandemic. It now stands at 77.3 years, which is the lowest life expectancy since 2003.
Retirements and resignations among U.S. police officers rose dramatically over the past year. Low morale, low pay, the recent violent crime wave, and the pandemic are all driving officers out the door.
As always, I encourage you to visit Demography World where you can find an archive of all our work. Your subscription includes daily NewsWires, other reports, and videos.
Managing Director, Demography
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ABOUT NEIL HOWE
Neil Howe is a renowned authority on generations and social change in America. An acclaimed bestselling author and speaker, he is the nation's leading thinker on today's generations—who they are, what motivates them, and how they will shape America's future.
A historian, economist, and demographer, Howe is also a recognized authority on global aging, long-term fiscal policy, and migration. He is a senior associate to the Center for Strategic and International Studies (CSIS) in Washington, D.C., where he helps direct the CSIS Global Aging Initiative.
Howe has written over a dozen books on generations, demographic change, and fiscal policy, many of them with William Strauss. Howe and Strauss' first book, Generations is a history of America told as a sequence of generational biographies. Vice President Al Gore called it "the most stimulating book on American history that I have ever read" and sent a copy to every member of Congress. Newt Gingrich called it "an intellectual tour de force." Of their book, The Fourth Turning, The Boston Globe wrote, "If Howe and Strauss are right, they will take their place among the great American prophets."
Howe and Strauss originally coined the term "Millennial Generation" in 1991, and wrote the pioneering book on this generation, Millennials Rising. His work has been featured frequently in the media, including USA Today, CNN, the New York Times, and CBS' 60 Minutes.
Previously, with Peter G. Peterson, Howe co-authored On Borrowed Time, a pioneering call for budgetary reform and The Graying of the Great Powers with Richard Jackson.
Howe received his B.A. at U.C. Berkeley and later earned graduate degrees in economics and history from Yale University.