Just a quick update on the components of our office’s Total Employment Gap. Right now the measure indicates that Oregon’s labor market is as tight has it has been since the 1990s, although there still remains some slack. 104 more words
Tags » Labor Force Participation
Employers can no longer afford to discriminate against older workers, and the reason might surprise you. It’s not lawsuits; it’s demographics.
According to the Bureau of Labor Statistics (BLS), labor force participation by Americans age 55 and older grew at a faster rate between 1994 and 2014 than it did for younger Americans. 691 more words
A big part of the reason for declining labor force participation rates in our economy has little to do with a “lack of jobs” and much more to do with the fact that the biggest segment of our population—the “baby boomers”—are retiring in droves. 76 more words
Janet Yellen may want to check her math.
One reason the Federal Reserve Chair has used to justify keeping interest rates barely above zero is the fact that the labor force participation rate—or the share of Americans over 16 who are in the labor force—has risen over the past year. 307 more words
Want proof that the job market just keeps getting better (for employees and job seekers, anyway)? Full-time employees ages 25 to 34 got an average 10% pay hike if they changed jobs in the first quarter of this year, up from 8.3% in the last three months of 2015, according to the latest quarterly… 330 more words