Author: Angelou Economics
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2030: U.S. Demographic “Tipping Point”
The United States is rapidly approaching a demographic “tipping point” in 2030 with never before seen implications—baby boomers will be 65 years or older, with one in every five Americans having reached retirement age (Vespa, Armstrong, & Medina, 2018). By mid-decade, the 2030s will also bear witness to another historic first—older adults will outnumber children…
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US Jobs Report: August 2018
The Bureau of Labor Statistics released the August 2018 US jobs data for on September 7th. Here is the summary: The majority of the jobs added in August 2018 were in high-paying sectors, which includes professional and business services with 53,000 jobs, healthcare with 33,000 jobs, and wholesale trade added 22,000 jobs, transportation and warehousing…