Jobs Report
Older Workers at Risk in Next Recession
November 2018 Unemployment Report for Workers Over 55
June 2015 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...
May 2015 Unemployment Report for Workers Over 55
by Rick McGahey, SCEPA Faculty Fellow
April 2015 Unemployment Report for Workers Over 55
March 2015 Unemployment Report for Workers Over 55
