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JOB-RELATED NEWS updated April 4, 2014
  • Unemployment data--March 2014 graph: unempl> 6mos. CBPP 4/14
  • Analysis
    • "The employment-to-population ratio (EPOP) edged up to 58.9 percent. This is the highest of the recovery, but still four full percentage points below its pre-recession level.....The average hourly wage for production workers also fell slightly last month. While this is not good news, it does show that the concerns raised by many about a tight labor market leading to excessive wage growth, and that this would trigger inflation, were completely unfounded.....With population growth implying labor force growth in the neighborhood of 90,000, the economy is cutting into the backlog of unemployed workers at the rate of 90,000 a month. With the economy still down close to 7 million jobs from trend levels, this would imply that we would reach full employment some time in 2020." Baker, CEPR, 4/4/14

National Jobs for All Coalition
P.O. Box 96
203-856-3877
Lynbrook, NY 11563

Email: njfac [at] njfac.org

The National Jobs for All Coalition is a 501(c)(3) tax exempt organization.