Unemployment rate down to 3.6 percent in April

  Employment Overview Employment was up again in April, according to the Bureau of Labor Statistics (BLS) monthly Employment Situation data. The economy added 263,000 jobs, an increase from the 189,000 jobs added in March (revised down from +196,000 jobs). The unemployment rate declined to 3.6 percent for the workforce overall and was down to 2.6 percent for those ages 55 and older. The number of people ages 55+ who were unemployed dipped to under one million. The overall labor …

55+ Unemployment Increases to 3.2 percent

  Employment Overview The unemployment rate increased to 4.0 percent in January according to the Bureau of Labor Statistics (BLS). BLS revised the methodology for calculating employment statistics. Underlying survey data have been revised as part of the annual benchmarking process, updating of seasonal adjustment factors, and updated population estimates. For more information, see The Employment Situation. Overall, the economy added 304,000 jobs in January, up from 222,000 jobs added in December (revised down from +312,000). The unemployment rate for …

Unemployment Falls to 3.7% in September

  Employment Overview Though the unemployment rate declined to 3.7 percent in September, job growth slowed compared with August, according to the Bureau of Labor Statistics’ (BLS) September Employment Situation Summary. Overall employment increased by 134,000 jobs compared with the 270,000 jobs added in August (revised up from 201,000). The professional and business services, health care, and transportation and warehousing industries all added jobs. The overall labor force participation rate remained at 62.7 percent but edged down slightly to 40.1 …

Recognizing and Honoring Entrepreneurship

  This week, recognized as National Small Business Week by the Small Business Administration, spotlights the hard work and tenacity of 30M small business owners. Being a small business owner is not easy by any measure but these individuals are risk takers, community engagers, and innovators that often single-handedly work to realize their dream and vision, fueled by a desire to create an opportunity for themselves and others. AARP believes entrepreneurship is a path to financial security. One third of …

La suerte sola no es suficiente. Cómo ahorrar para tu propia olla de oro

A mi padre le gustaba compartir esta bendición irlandesa con nosotros: “Que siempre haya trabajo para tus manos. Que en tu bolsillo haya siempre una moneda o dos”. Todos buscamos la olla de oro al final del arcoíris. Pero por lo general, no tenemos la suerte de simplemente encontrarla: tenemos que dedicar nuestro tiempo, energía y determinación para ganarla. Lamentablemente, muchas personas que trabajan sin descanso durante toda su vida no tienen forma de ahorrar para su jubilación en el …

Luck isn’t Enough – How to Save for Your Own Pot of Gold

My Pop was fond of sharing this Irish Blessing with us – May there always be work for your hands to do. May your purse always hold a coin or two. We’re all searching for that pot of gold at the end of the rainbow. Most of the time, though, we aren’t lucky enough to just find it; we have to put our time, energy, and determination into earning it. Unfortunately, many Americans who work tirelessly throughout their lives have …