Jobs Report
Older Workers at Risk in Next Recession
November 2018 Unemployment Report for Workers Over 55
by Rick McGahey, SCEPA Faculty Fellow
Employment for the first month of 2015 continued the steady growth from last year. 257,000 new jobs were added, and although the unemployment rate ticked up one-tenth of a percent to 5.7, that resulted from people entering the labor force to look for jobs—what economists call "labor force participation." Participation in December was at an historic low, so there's a long way to go to restore healthy levels there.
Average hourly wages in...
January 2015 Unemployment Report for Workers Over 55
December 2014 Unemployment Report for Workers Over 55
November 2014 Unemployment Report for Workers over 55
This morning's release of the February monthly employment report shows steady job growth in the economy, but provides no reason to cut government spending or stop calling for more economic stimulus.
