Mancession: Men lost 2 times more jobs than women from the Great Recession and have gained half as many jobs since late 2007.
It should be clear that the Great Recession took a toll on most people. This is reflected in household incomes and savings. But one thing that is abundantly clear is that the Great Recession took a massive toll on male employment at a rate twice that of females. We’ll get into the charts and figures […]
Low wage recovery highlighted by 7 out of 10 jobs added in January coming from minimum wage waiters and temporary retail workers.
The unemployment rate fell below the 5 percent mark for the first time since the Great Recession wrecked havoc on the economy. This is good news right? Well the stock market didn’t think so for a couple of reasons. First, this adds more fuel to pushing interest rates higher (a big expense on the $19 […]
The rise of the part-time and disposable employment army: Record number of people now employed in transient labor positions while good paying jobs remain stuck in the mud.
The headline employment numbers present a glamorous picture of the economy but one that is not based on reality. After all, you have over 94 million Americans not in the labor force and this growing army of people is helping to keep the unemployment rate low. And for a growing number of Americans those in […]
New Year begins with record number of men not in the labor force: Those not in the labor force increased by 1.9 million last year while the labor force increased by only 1.1 million.
The New Year begins with a record number of men not in the labor force. Those “not in the labor force†remains at a record level and this cannot be explained away simply by shifting demographics. Demographics alone is a convenient explanation for this large number but unfortunately only explains part of the large number […]