What strategies can be used to mitigate today’s tight labor markets? Below are some ideas that I hope will stimulate conversation and dialog about a topic that is here to stay. Collectively, let’s keep adding to this list and generate additional ideas about practical and implementable solutions to the ever-growing challenge of today’s tight labor […]
The Labor Department reported that there were 313,000 jobs created in the U.S. economy in February. This was above the consensus expectation of 205,000 jobs. This marked the 89th consecutive month of positive job gains for the U.S. economy. Revisions added 54,000 jobs to the prior two months. The labor force participation rate, which is […]
The Labor Department reported that there were 200,000 jobs created in the U.S. economy in January. This was above the consensus expectation of 180,000 jobs. This marked the 88th consecutive month of positive job gains for the U.S. economy. Revisions subtracted 24,000 jobs to the prior two months. For all of 2017, the economy generated […]
In the first major release of employment conditions under the Trump Administration, the Labor Department reported on Friday that nonfarm payrolls increased by 227,000 positions in January, above the consensus 175,000 estimate. The change in total nonfarm payroll employment for November was revised down from 204,000 to 164,000, and the change for December was revised […]
The aging of the U.S. population has many implications, including: the potential negative effects on the growth of the economy; the fiscal impact on the federal government’s entitlement programs; and the impact on housing and care provision for seniors.