As the nation’s employment rate continued to improve, America’s overall business creation rate fell again in 2013. According to the annual Kauffman Index of Entrepreneurial Activity, released today, the rate declined slightly from 0.30 percent of American adults per month starting businesses in 2012 to 0.28 percent in 2013. That translates into approximately 476,000 new … Continue reading
A survey by job-matching service TheLadders.com revealed that the fastest-growing jobs are in the tech sector, replacing those in middle management as the positions employers are trying to fill most. Of the fastest growing job titles over the last five years, seven of the top 10 are technology positions that necessitate specific technical skills for … Continue reading
The U.S. is not a meritocracy. This is not to say that skills don’t matter. Continue reading
Forty-four percent of jobless workers 55 or older had been unemployed for over a year in 2012. And while older workers have a lower unemployment rate overall, the ones who lose their jobs can find the long hunt for work unbearable.
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‘The decline in the employment-population ratios for men and women over 2000–07, just before the Great Recession, represents a historic turnaround in U.S. employment trends’ writes Robert A. Moffitt in The Reversal of the Employment- Population Ratio in the 2000s: Facts and Explanations on brookings.edu. (Adapted chosen excerpts by Job Market Monitor to follow) The decline is disproportionately concentrated among the less … Continue reading