Why more and more in U.S. are returning to work
http://www.usatoday.com/story/money/2016/03/27/idled-workers-returning-labor-force/82274876/
Hundreds of thousands of Americans are streaming back into an improving labor market as employers raise wages and hire less skilled job candidates to cope with an intensifying worker shortage.
The portion of the U.S. population working or looking for jobs — known as the labor force participation rate — has risen to 62.9% from 62.4% since September, Labor Department figures show. The rate had been falling since 2008, mostly because of baby boomer retirements, and that's still expected to be the long-term trend.
More people are finding employment and wages are rising.... I wonder which party this trend favors during this election year?
I wish Boards was around to comment on this.....
http://www.usatoday.com/story/money/2016/03/27/idled-workers-returning-labor-force/82274876/
Hundreds of thousands of Americans are streaming back into an improving labor market as employers raise wages and hire less skilled job candidates to cope with an intensifying worker shortage.
The portion of the U.S. population working or looking for jobs — known as the labor force participation rate — has risen to 62.9% from 62.4% since September, Labor Department figures show. The rate had been falling since 2008, mostly because of baby boomer retirements, and that's still expected to be the long-term trend.
More people are finding employment and wages are rising.... I wonder which party this trend favors during this election year?
I wish Boards was around to comment on this.....