Brookings: What the Unemployment Rate Signals on the Economy
What the Unemployment Rate Signals on the Economy Unemployment, Macroeconomics, U.S. Economy, Rebecca M. Blank, Visiting Fellow, Economic Studies, The Brookings Institution. “First, the American work force is aging as the baby boom bulge moves into their 50s. This demographic shift lowers overall unemployment rates because older workers are more stably employed and have less …