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xchrom

(108,903 posts)
11. 5 SIGNS US JOB MARKET MAY FINALLY BE ACCELERATING
Mon Apr 7, 2014, 08:18 AM
Apr 2014
http://hosted.ap.org/dynamic/stories/U/US_IMPROVING_JOB_MARKET?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2014-04-06-10-18-55

***SNIP

OB GROWTH VS. POPULATION GROWTH

For much of the recovery, the economy suffered from a fundamental problem: We were adding more people than jobs.

Employers hired 2.4 million people in 2012. That sounds decent. But it's less impressive when you consider this: The working-age population swelled by 3.8 million that year, according to the employment report's survey of households. A similar gap existed in 2013.

***SNIP

PRIME-AGE WORKERS ARE RETURNING

After the Great Recession ended in mid-2009, a declining share of 25- to 54-year-olds were working. Roughly 80 percent of this age bracket had been employed before the downturn. The figure sank as low as 74.8 percent toward the end of 2010.

***SNIP

WE'VE ESCAPED WINTER

Perhaps the snow trapped your car on an Atlanta freeway. Or maybe you coped with chronic school closings in Philadelphia. Maybe flight cancellations delayed your business meeting to sign a big contract.

Recommendations

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