Jobs Report

January 2017 Unemployment Report for Workers Over 55  

March 2017 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...