Tech News
← Home  ·  All topics

Labor Force

2 GoKawiil briefs on this topic

Boomer CEOs Are Staying Put, Straining Corporate Succession Plans

Labor force participation among Americans 65 and older has climbed to 19.2%, up from roughly 12% in 2000, and 42% of sitting CEOs are now 60 or older—an unusually high share, according to executive recruiter Cowen Partners. Companies like Boeing, Verizon and Cracker Barrel have repeatedly brought back older or previously retired executives rather than promoting younger leaders.

LISEP's True Rate of Unemployment reveals deeper US job market gaps

The Ludwig Institute for Shared Economic Prosperity (LISEP) has developed the True Rate of Unemployment, a metric built from Bureau of Labor Statistics data that counts people without full-time work, those earning below a living wage of roughly $26,000 a year, and those with no job at all. The measure aims to give a fuller picture of financial hardship than the official unemployment rate captures.