Jobs Report

December 2014 Unemployment Report for Workers Over 55
February 2017 Unemployment Report for Workers Over 55
by Rick McGahey, SCEPA Senior Fellow While May's stronger job growth is welcome, continuing low inflation and annual wage growth below 2.5% don't present any macroeconomic threats that warrant driving up interest rates. But the Fed, like many economic policymakers, seems to be operating in a "new normal" where an unemployment rate of 5.5% is considered full employment. That is not a world where most workers and families will make any significant economic progress. The May employment report...
 by Rick McGahey, SCEPA Faculty Fellow

About SCEPA

SCEPA works to focus the public economics debate on the role government can and should play in the real productive economy - that of business, management, and labor - to raise living standards, create economic security, and attain full employment.