Posted in company, funds, sectors, tickers

Baby-Boomer Unemployment Down

In the U.S. most recent unemployment rate hovered around 5.50% this year returning from higher levels during the first half of 2008. Between 2008 and early 2012 unemployment jumped above 9% as technology companies eased back with innovations. Furthermore, there were more businesses that reshuffled domestic and international concept, human resource, and operations.

Mostly longer life expectancy is retaining hold of jobs in the health care industry, just as in social assistance and education. More graduates in the financial services industry have started up new companies or been working as self-employed professionals. Farmers gained from government funding and self-employment.

Pending retirement of the baby-boomer generation, the U.S. continues to be world’s largest national economy with GDP of $17.84 trillion as of second-quarter 2015 or 22% of nominal global countries’ product and 17% of global purchasing power product.

Advertisements

Author:

companytickers.wordpress.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s