Categories
Economics Employment

Younger people are working less

Originally posted December 8, 2017. While the unemployment rate has continued to drop in recent years, the labor participation rate hasn’t grown much. We may assume that the main reason is that we have an aging population. That’s true, but that’s not the only factor. Actually, older Americans (those 55 and older) are more likely […]

Categories
Economics Employment

Let’s appreciate skilled workers more

Originally posted December 2, 2017. As both the House and Senate seem to be working toward a tax reform bill, there have been many criticisms about the bill. One of the many ridiculous and false claims is that it will destroy graduate education. This claim is made by an author of a Forbes article entitled: “The GOP […]