A Colossal Convergence:

Nearly a decade ago over 15 million Americans were seeking employment and trying to get back to work. Unfortunately, there were only 2 million jobs available. The tide has turned: now there are 6.5 million job openings and 6.5 million unemployed. The ratio of employment needed to jobs available has fallen from 7:1 to 1:1. On the one hand, this is super news for just about everyone; on the other hand, it stirs up questions about the future rate of inflation?