unemployment rate - AEI

unemployment rate

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While lower unemployment rates and higher wages are not always good for businesses, they are encouraging signs for workers. Despite mild inflation in wages, a move to full employment has an overall positive effect on economic growth in the United States economy.

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Poverty rates have trended downward in recent years, and they look to dip even lower in 2018 and beyond, though low labor force participation remains an obstacle.

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The official unemployment rate may be a useful benchmark, but it does not tell the whole story. You have to look beyond the headline number to understand the situation of the American workforce.

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When you’re nearly 9 years into an economic expansion, it’s probably asking a lot for job growth to accelerate.

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Remember, the Fed has a vote in all this. And if the Fed tries to cool off this expansion, history suggests the risk of a recession will rise materially.

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Resident Scholar Aparna Mathur, discusses the decrease in the U.S. employment rate in September was largely a result from Hurricane Harvey and Hurricane Irma.

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Despite an increase in job opportunities across the nation, a large number of individuals still remain unemployed. Experts discuss how this could be due to a mismatch in skills.

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Arthur Brooks argues that greater geographic mobility within the United States could help workers find the best opportunities.

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A recent study suggests that video games explain why younger men are working less than in the past. But reports of gaming causing a drastic reduction in young men’s labor supply are greatly exaggerated.

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The more you look at the idea of a jobs guarantee, the more it seems like a bridge to nowhere. More innovation and better education are really the only true guaranteed jobs program for America.

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