Colorado has seen the fourth biggest increase in labor productivity over the last ten years, increasing by 18.74% since 2012, with large improvements to compensation and output per worker. There are an estimated 424,000 new jobs in Colorado from 2012. Worker compensation has grown 67.56% ten years later, growing from $132.16 billion to $221.46 billion, …
Tag: Bureau of Labor statistics
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Oct 04 2021
Older Workers Account for All Employment Growth During Past 20 Years
Total U.S. employment grew by 11,767,000, or 8.5%, in the 20 years ending in December 2020. All that growth, 11,879,000, or 101% of the total was due to increased employment of people age 60 and older. Meanwhile, the net employment change over the past two decades of people ages 16-59 was -112,000 (-1% of the …
Permanent link to this article: https://www.50plusmarketplacenews.com/405421/latest-news/older-workers-account-all-employment-growth-past-twenty-years