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The Workforce Has Changed Since The Recession

A new report recounts how the U.S. workforce has changed since the onset of the Great Recession. Important changes that we’ve seen since 2007 include the graying of the workforce, the economy-wide shift toward services, and the persistent plunge in labor force participation.

Pew Research Center

12/11/2017 — from NewsWire

The Missing Male Worker

As the Fed looks forward, the future of the economy depends upon prime-age men returning to the workforce.
11/07/2017 — from Social Intelligence

The Graying of Wealth

As wealth continues to shift to the nation’s elderly, seniors are in demand as both providers and consumers.
10/16/2017 — from Culture Watch

Fed Data Shows Income Gains

Minority households and Americans without college degrees have experienced the largest proportional income gains since 2013. While this suggests that the economic recovery has finally spread throughout society, the income gap between the wealthiest and everyone else continued to widen during this time period.

Federal Reserve

09/29/2017 — from NewsWire

U.S. Median Income Rose in 2016

U.S. median household income rose for a second consecutive year to $59,039 in 2016—a 3.2% increase from 2015 and the highest level ever recorded. While these gains suggest that the nation is finally recovering from the recession, many economists and policy experts are worried that a tight labor market will constrain future gains.

U.S. Census Bureau

09/15/2017 — from NewsWire

Columnists Lists Millennial Conversation "Don'ts"

Columnist Lauren Hamer offers a list of the eight worst things you could say to a Millennial in this economy. The list covers a wide range of criticisms that elders have hurled at Millennials, regarding everything from work ethic (“You’d find a job sooner if you weren’t so entitled”) to personal finance (“You don’t save your money like we used to”).

The Cheat Sheet

08/25/2017 — from NewsWire

Labor Force Participation Rate Ticks Up

The U.S. labor force participation rate ticked up slightly YOY in Q1 2017despite the downward drag posed by a slower-growing working-age population. The single largest contributor to higher LFP was fewer consumers staying home for family responsibilities, a trend rooted in a declining U.S. birthrate.

Federal Reserve Bank of Atlanta

07/21/2017 — from NewsWire

Initial Jobless Claims at 44-Year Low

Initial jobless claims fell to 223,000 last week, the lowest level since 1973. While experts may point to this figure as evidence that the U.S. economy is finally back on its feet, plenty of signs of labor market slack remain—such as declining labor force participation.

The Wall Street Journal

03/03/2017 — from NewsWire