Job growth rebounded in April after a dismal March, which was due in part to harsh weather. The Bureau of Labor Statistics reported that 211,000 jobs were created, above the 180,000 expected. The weak March number of 98,000 was revised lower to 79,000. February was revised higher to 232,000 from 219,000. The Unemployment Rate fell to 4.4 percent, the lowest level in 10 years. Within the report it showed that total unemployment, or the U-6 number, fell to 8.6 ...Continue Reading →
Oh those Baby Boomers. Even as they age they don’t retire, at least not from the public stage. This week those over age 55 were the subject of Freddie Mac’s Insight report.
Freddie Mac Chief Economist Sean Becketti says the conventional wisdom is that Boomers, those born from the time World War II ended through 1964, are like Peter Pan, they refuse to grow older, not retiring but launching instead second and third careers, shunning senior centered communities in favor of ...Continue Reading →