Gen Y, in addition to being the best educated generation in the history of the U.S., is the most indebted. The total education debt of U.S. residents exceeds that of credit cards, and the lion’s share is held by Millennials. Gen X’ers and Baby Boomers...
The U.S. is still in the beginning phase of reordering the nature of work as it has been structured since the 1930’s. The organization of the future that relies on an integrated blend of part-timers, temporary workers, independent contractors and a far smaller cadre...
The labor participation rate continues to fall despite the drop in unemployment. This can be confusing since both should not be true at the same time. The reason is the measure of unemployment reported by the government and media is U3 which does not measure labor...
The leading segment of the Gen Y cohort enjoyed the best of times. A roaring economy awaited them and they flocked to employers eager for workers. At the height of the madness signing bonuses for newly minted college grads were not unknown. It is the worst of times...
The July Jobs Report is out showing unemployment (U3) fell to 7.4% based on meager jobs growth of 162,000 jobs, declining new jobless claims and individuals exhausting their unemployment benefits without finding work (the latter don’t count as unemployed under...
