News
USA Today | Gen Y grads more likely to launch start-ups
Take an unpredictable job market, an overwhelming variety of possible careers, and a generation that thinks differently about the workplace, and you wind up with college graduates who are taking matters into their own hands.
USA Today | Boomer retirements drive down jobless rate
Last month's drop in unemployment to 8.1% from 8.2% resulted from a shrinking labor force, suggesting that many discouraged workers gave up job searches. But analyses by two economists show growing Baby Boomer retirements were behind most of the decline in the labor force — those employed and looking for work.
Blogs
Heritage Foundation | Infographic: Americans Fleeing the Job Market
On Friday, Americans woke up to the news that the labor market in April 2012 continued its plodding path of mediocrity. A mere 115,000 jobs were added and the unemployment rate remained above 8 percent. But one of the most troubling indicators of the economy’s poor climate is the declining labor force participation rate — that is, the number of people actively employed or seeking employment.
Political Calculations | Jobs Fade in April 2012
We see that for all the age groups we routinely cover. The number of teens (Age 16-19) recorded as having jobs fell by 14,000 from the level recorded in March 2012 to 4,321,000 in April 2012.
Calculated Risk | The Declining Participation Rate
There has been some discussion about the causes of the decline in the participation rate. Here is a post from Catherine Rampell today at the NY Times economix today: Baby Boomers and the Shrinking Work Force
