Jobs Report

 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...
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.

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.