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90 Million Americans Not Working
Keywords:
Tags: Current Focus, United States,
This Journal editorial points to the low labor participation rate of 63.2% in the U.S. as indication of the high unemployment in September 2013. About 90.6 million men and women over the age of 16 are not working, compared to total employment of 144.3 million, based on Labor Department statistics. Factors contributing to this are the six million baby boomers turning 65 since 2008, more young people staying in school in a poor job market, easier access to government support benefits such as unemployment insurance, disability.
U.S. Labor Department jobs reports for 2013
10/22/2013
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Weak Job Data May Weigh on Fedâs Decision on Stimulus
New York Times 10/22/2013
90 Million Americans Not Working
Wall Street Journal 10/23/2013
Job Growth Eases Fears About Effect of Closing
New York Times 11/08/2013
Hiring Slowdown Blurs Growth View
Wall Street Journal 01/20/2014
Why high unemployment in the U.S. is expected for 2010-2014
06/06/2009
Structural problems like a mismatch of skills between maufacturing and construction sectors worst hit since 2008 and growing sectors like healthcare is one problem. Geographic factors and difficulty selling homes in states like Michigan is another. The tighter credit from a return of banking sector losses from bad home equity loans that is expected in late 2010 will keep the recovery from taking hold keeping unemployment high. The economic uncertainty following repeated budget battles between political parties also affects business investment.
Grouped Articles
90 Million Americans Not Working
Wall Street Journal 10/23/2013
Hiring Slowdown Blurs Growth View
Wall Street Journal 01/20/2014
Confronting Old Problem May Require a New Deal
New York Times 01/28/2014
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
New York Times 04/05/2012
Hiring Is Strong and Jobless Rate Declines to 6.1%
New York Times 07/03/2014
Why high unemployment and the high percentage of the long term unemployed is determining U.S. Federal Reserve interest rate policy in 2012-2014
01/27/2009
With 40% of the unemployed in the U.S. shown as long term unemployed, mismatch in skills and other structural problems with unemployment, the U.S. Federal Reserve policies of Fed chairman Bernanke are geared to addressing this problem.
Grouped Articles
Stimulus and the Depression: The Untold Story
Wall Street Journal 09/26/2011
Fed Officials Try to Set the Market at Ease
Wall Street Journal 06/24/2013
Wall Street Journal 07/11/2013
FX HORIZONS: The Fed’s Risky Codependency with Markets
Wall Street Journal 07/11/2013
Bernanke Plays Down Link Between Jobless Rate, Fed Moves
Wall Street Journal 07/18/2013
Economy May Be Getting Its Wings Clipped
Wall Street Journal 07/30/2013
The employment to population ratio for U.S. unemployment- 2011-2014
06/06/2009
The serious problem of the large number of long term unemployed persons in the U.S., very different from under any previous recession.
Grouped Articles
90 Million Americans Not Working
Wall Street Journal 10/23/2013
Confronting Old Problem May Require a New Deal
New York Times 01/28/2014
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
New York Times 04/05/2012
Wall Street Journal 04/05/2014
Hiring Rises, but Number of Jobless Stays High
New York Times 04/04/2014
Youth unemployment in the U.S.- 2008-2013
09/14/2013
Grouped Articles
Wanted: Jobs for the New 'Lost' Generation
Wall Street Journal 09/14/2013
90 Million Americans Not Working
Wall Street Journal 10/23/2013
Can't Find Skilled Workers? Start an Apprentice Program
Wall Street Journal 01/17/2014
Hiring Is Strong and Jobless Rate Declines to 6.1%
New York Times 07/03/2014
Numbers of Students Taking Internships Rises Only Slightly
Wall Street Journal 11/13/2014
Starbucks Leads Multi-Company Initiative to Hire 100,000 Young, Minority Workers
Wall Street Journal 07/13/2015
Unemployment in the U.S., third quarter 2013
08/12/2013
Grouped Articles
Wall Street Journal 08/12/2013
Jobless Rate Up in Most States
Wall Street Journal 08/20/2013
Weak Job Data May Weigh on Fedâs Decision on Stimulus
New York Times 10/22/2013
90 Million Americans Not Working
Wall Street Journal 10/23/2013
Job Growth Eases Fears About Effect of Closing
New York Times 11/08/2013
U.S. Federal Reserve's 6.5% unemployment target with 2% inflation announced by Bernanke in Dec. 2012
01/27/2009
The U.S. Fed's chairman Bernanke says the Fed will keep rates low till unemployment reaches 6.5% citing "the tremendous waste in human potential" of high unemplyment rates. As long as inflation remains subdued at 2% the Fed will continue its current policy of low rates. In 2013 the Fed will continue bond buying at the rate of $85 billion a month. If unemployment drops to 6.5%, but this is because more people are dropping out of the labor market the Fed will take this into account, says Bernanke. The Fed will also keep an eye out for asset bubbles in the economy.
Grouped Articles
Stimulus and the Depression: The Untold Story
Wall Street Journal 09/26/2011
Fed Officials Try to Set the Market at Ease
Wall Street Journal 06/24/2013
Wall Street Journal 07/05/2013
Wall Street Journal 07/11/2013
FX HORIZONS: The Fed’s Risky Codependency with Markets
Wall Street Journal 07/11/2013
Bernanke Plays Down Link Between Jobless Rate, Fed Moves
Wall Street Journal 07/18/2013
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