7/21/2014 – Yellen Wage Gauges Blurred by Boomer-Millennial Shift

Jul 21, 2014 Comments Off by

As today’s middle-aged Americans grow older, they are leaving their prime working years behind, trading big salaries for part-time gigs or retirement, just as an even larger group of young people come into the labor force at entry-level salaries. The seismic shift may be one reason behind the sub-par wage growth that Yellen says still shows “significant slack” in the job market.

Read the full article at Bloomberg.

Center, Financial Security 2014, Longevity News 2014

About the author

The author didnt add any Information to his profile yet