Jobless Skilled Workers

https://portside.org/2017-12-18/jobless-skilled-workers
Portside Date:
Author: Editorial
Date of source:
New York Times

'For college-educated workers under age 25, the jobless rate has averaged 8.1 percent over the past year, compared with 5.4 percent in 2007, before the recession. For for those over age 25, it was 3.8 percent in February, compared with 2 percent before the recession. That is a strong indication that unemployment is elevated not because workers are unskilled, but because there is still not enough consumer demand to make hiring worthwhile.'

 


Source URL: https://portside.org/2017-12-18/jobless-skilled-workers