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Labor-Market Dropouts Stay on the Sidelines
Keywords:
Blanchflower and Posen call for the U.S. Federal Reserve to use wage growth as the best indicator of unemployment, after the misleading 288,000 jobs report of April 2014
06/06/2009
A renewed focus on the partcipation rate as the unemployment rate declines to 6.3% in April 2014. As this only counts people looking for work and many Americans have dropped out of the labor market because jobs they seek do not exist, the unemployment rate in this situation is misleading. Blanchford and Posen have written a paper on this and say the flat wage rate in March and April 2014 with no improvement in the participation rate provides a true picture of the large slack in the economy.
Grouped Articles
In Tepid Wage Growth, a Potent Sign of a Still-Fragile Economy
New York Times 05/05/2014
Wall Street Journal 05/05/2014
Little Agreement on Reasons for Declining Labor-Force Participation
Wall Street Journal 05/05/2014
Positive Jobs Report Shows Economic Fault Lines
Wall Street Journal 05/05/2014
Jobs Data May Be Icing on America's Birthday Cake
Wall Street Journal 07/03/2014
Hiring Is Strong and Jobless Rate Declines to 6.1%
New York Times 07/03/2014
Incomes, and labor force participation rates in the U.S. for seniors over age 75
03/30/2010
The changing situation for Americans of retirement age.
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Wall Street Journal 09/14/2011
Why Many Retirees Could Outlive a $1 Million Nest Egg
New York Times 06/08/2013
Low Interest Rates Are Squeezing Seniors
Wall Street Journal 03/30/2010
Chuck Schwab Is Worried About Small Investors. Should We Worry Too?
BusinessWeek 05/27/2010
Takeaways From the Monthly Jobs Report
Wall Street Journal 04/05/2014
Wall Street Journal 08/12/2014
U.S. civilian labor force participation rate for ages 60 years and over reaches 30% in 2012
05/05/2012
29.4% of the people over 60 years were in the civilian labor force in 2012, up from 22% in 2002, according to the Labor Dept. This reflects the blow to savings from the economic crisis of 2008.
Grouped Articles
Job Growth Eases Fears About Effect of Closing
New York Times 11/08/2013
The incredible shrinking labor force - The Washington Post
Washington Post 05/05/2012
Takeaways From the Monthly Jobs Report
Wall Street Journal 04/05/2014
Wall Street Journal 05/05/2014
Wall Street Journal 08/12/2014
Labor-Market Dropouts Stay on the Sidelines
Wall Street Journal 12/29/2014
The job crisis for employment of men in the U.S.
03/14/2009
The participation rate in the job market for men between 16-64 is dropping over time. It was 85% in the 1950's and has dropped continually after each recession. It is now at 65%. More and more men simply drop out of the labor market after failing to find jobs, creating a disturbing trend for the country. This does not show up in improving unemployment statistics.
Grouped Articles
Job Growth Eases Fears About Effect of Closing
New York Times 11/08/2013
Candid Criticism for Fed That Wasnât on the Agenda
New York Times 11/08/2013
Women Reach a Milestone in Job Market
Wall Street Journal 11/18/2013
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
Bayer: Pressure on Prices Has Bad Side Effects
Wall Street Journal 02/07/2012
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
Unemployment in the U.S. for the 4th quarter of 2014
12/06/2014
Grouped Articles
U.S. Payrolls in November Grew 321,000; Jobless Rate 5.8%
Wall Street Journal 12/06/2014
Recipients of Jobless Benefits Down Sharply
Wall Street Journal 12/26/2014
Labor-Market Dropouts Stay on the Sidelines
Wall Street Journal 12/29/2014
Jobs Report: U.S. Adds 252,000 Jobs; Unemployment Falls to 5.6%
Wall Street Journal 01/09/2015
Amid Gains in Jobs and Pay, Americans Rejoin the Work Force
New York Times 02/06/2015
U.S. Federal Reserve chairwoman Janet Yellen's thinking on unemployment and expected Fed policy in 2014-2015
01/23/2014
Grouped Articles
Don’t Expect Job Data Alone to Persuade Fed on Rates
New York Times 01/23/2014
A Fed Policy Maker, Changing His Mind, Urges More Stimulus
New York Times 01/27/2014
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
Wall Street Journal 02/08/2014
Fed's Yellen Sets Course for Steady Bond-Buy Cuts
Wall Street Journal 02/12/2014
Declining U.S. Labor Force Participation Rate for 2010-2016 and its implications for unemployment and economic growth
06/06/2009
Grouped Articles
Job Growth Eases Fears About Effect of Closing
New York Times 11/08/2013
Candid Criticism for Fed That Wasnât on the Agenda
New York Times 11/08/2013
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
Takeaways From the Monthly Jobs Report
Wall Street Journal 04/05/2014
Labor force participation rate in Canada and the U.S. compared
08/12/2014
Grouped Articles
Wall Street Journal 08/12/2014
Labor-Market Dropouts Stay on the Sidelines
Wall Street Journal 12/29/2014
Jobs Report: U.S. Adds 252,000 Jobs; Unemployment Falls to 5.6%
Wall Street Journal 01/09/2015
The Hurdles to Getting U.S. Workers Off the Sidelines
Wall Street Journal 03/07/2016
Modest U.S. Jobs Growth Keeps Labor Market Steady
WSJ 10/07/2016
The U.S. unemployment picture September 2014- Underemployment U-6 at 11.8%, unemployment at 5.9%, and labor participation rate at 62.7%
10/04/2014
9.3 millon workers looking for fulltime work and decline in the labor participation rate reflected the true condition of labor market in the U.S., with wages dropping a penny, in September 2014. The unemployment rate dropped to 5.9% but failed to capture the true condition of the labor market for a number of reasons, including people too discouraged to look for work and people working part time when they would prefer working full time.
Grouped Articles
Job Growth Rebounds, but Wages Lag
Wall Street Journal 10/04/2014
Recipients of Jobless Benefits Down Sharply
Wall Street Journal 12/26/2014
Labor-Market Dropouts Stay on the Sidelines
Wall Street Journal 12/29/2014
Sluggish Productivity Hampers Wage Gains
Wall Street Journal 03/07/2015
The New Jobs Report Shows Janet Yellen’s Quandary in a Nutshell
New York Times 03/06/2015
Washington Post 10/23/2015
Benjamin Friedman on high unemployment, income gaps and higher inequality, and the consequences for the social fabric of America
08/06/2010
Grouped Articles
New York Times 06/22/2013
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
New York Times 09/12/2013
The Economy Needs a Bit of Ingenuity
New York Times 08/06/2010
A Look at the Global One Percent
Wall Street Journal 03/09/2012
The world economy: Wealth without workers, workers without wealth
Economist 10/06/2014
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
U-6 unemployment rate in the U.S. at 12.6% in March 2014
04/04/2014
Grouped Articles
It's Still Bad for the Long Term Unemployed
New York Times 04/04/2014
'Real Unemployment' Rate Points in the Wrong Direction
New York Times 04/04/2014
In Tepid Wage Growth, a Potent Sign of a Still-Fragile Economy
New York Times 05/05/2014
Wall Street Journal 05/05/2014
Little Agreement on Reasons for Declining Labor-Force Participation
Wall Street Journal 05/05/2014
Positive Jobs Report Shows Economic Fault Lines
Wall Street Journal 05/05/2014
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