Does a worker choose not to work when collecting Social Security?

Campaigns against social security usually claim that Social Security Benefits discourage workers from being employed. Many right wing policy advocates point their fingers at Social Security Benefits as being expensive and further making the labor force lazy - to say the least. In this article I analyze to what extent the number of unemployed people … Continue reading Does a worker choose not to work when collecting Social Security?

Where are the teenager workers? An answer to The New York Times.

In a recent article published by the New York Times, Patricia Cohen and Ron Lieber made a brief inquiry on youth employment during summer 2015. In their writing piece, Cohen and Lieber open two windows for interpretation about factors affecting teenagers’ employment during summer school break. One of them is to believe that people between … Continue reading Where are the teenager workers? An answer to The New York Times.

Is Construction Investment Holding Back Job Creation?

Employment level statistics for the month of June 2015 looked a bit worrisome for some economists. At a glance, Construction was one of the missing sector in the list of industries significantly contributing to job creation. Indeed, Construction was the last sector in joining job creation after the Great Recession. Though ADP, the payroll company, … Continue reading Is Construction Investment Holding Back Job Creation?

Employment statistics cannot be interpreted in a vacuum.

Employment statistics cannot be interpreted in a vacuum inasmuch as other economic indicators do determine employment growth. There are many nuances that require attention to detail. Indeed, details on June’s 2015 report on labor market are twofold. First, mining related industries –including utilities- started to adjust to low oil prices, as well as low demand … Continue reading Employment statistics cannot be interpreted in a vacuum.