News
FOX News | Dropouts: Discouraged Americans are giving up the job hunt for school, retirement, disability
After a full year of fruitless job hunting, Natasha Baebler just gave up. She'd already abandoned hope of getting work in her field, counseling the disabled. But she couldn't land anything else, either — not even a job interview at a telephone call center.
CNBC | Why US Jobs Market Is Going to Get a Lot Worse
Weak U.S. jobs data on Friday confirmed the worst trading week this year for European and U.S. stocks, and now analysts are warning that investors should brace for further trouble ahead as fiscal tightening begins to take its toll.
Econ Comments & Analysis
AEI | Who lost the American worker?
Who lost the American worker? If the anemic employment recovery since the Great Recession’s end doesn’t prompt that question, perhaps the painful March jobs report finally will. Some context: If the economy were to produce 88,000 jobs every month, as it did last month, the labor market would never return to pre-recession employment levels. Like, ever. That paltry level of jobs more or less matches monthly labor-force growth.
Blogs
WSJ | Vital Signs Chart: Smaller Share of Population Working
One measure of the nation’s jobs picture shows the last recession’s toll. The employment-to-population ratio, which measures the proportion of the adult population with jobs, was 58.5% in March. In 1979, the ratio climbed past 60%, a level seen most recently in 2009. Demographics also are a factor in the decline: An aging population means many people have retired.
