…age composition matters… How long recovery takes depends on the rate of job creation relative to the growth of the working age population. It turns…
Category: participation
The New York Times 29 August 2012 Economix blog, “Is the Fiscal Cliff a Big Deal?” by Casey Mulligan is faulty, because it misses an…
…early retirement and education aren’t “safety valves”… At 8.3%, “headline” unemployment represents 1 in 8 would-be workers without jobs. Furthermore, we know that we’re seeing…
…retirement is not the answer… The Financial Times has a good April 17, 2012 article looking at the sources of continued high unemployment and declining…