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Tag: jobs

Congress needs to press Yellen on mistaken rate hike | TheHill

The employment rate of 25-to-54-year-olds fell 4.8 percentage points during the downturn and has only recovered 2.8 percentage points since then. This means that over six years after the end of the recession, the labor market is still less than three-fifths recovered. If we continue making up ground at the same pace as since the beginning of […]

Technology has created more jobs than it has destroyed, says 140 years of data | Business | The Guardian

A study by economists at the consultancy Deloitte seeks to shed new light on the relationship between jobs and the rise of technology by trawling through census data for England and Wales going back to 1871. Their conclusion is unremittingly cheerful: rather than destroying jobs, technology has been a “great job-creating machine”. Findings by Deloitte […]