Older Workers Report

Brief —September 2015 Unemployment Report for Workers Over 55

Brief — August 2015 Unemployment Report for Workers Over 55

Brief — June 2015 Unemployment Report for Workers Over 55

by Rick McGahey, SCEPA Senior Fellow While May's stronger job growth is welcome, continuing low inflation and annual wage growth below 2.5% don't present any macroeconomic threats that warrant driving up interest rates. But the Fed, like many economic policymakers, seems to be operating in a "new normal" where an unemployment rate of 5.5% is considered full employment. That is not a world where most workers and families will make any significant economic progress. The May employment report...