Slower Growth Of Labor Force May Hold Back Economy & Job Market
Could the changing nature of the workforce be holding back the economic recovery? The latest employment report shows the US economy adding about 120,000 jobs in the month of March. Some analysts are suggesting that this may be an indication of a slow down in the economy. Furthermore, two researchers from Harvard blame the the weak employment report on demographics. In fact the two researchers point to government statistics showing that the labor force is growing at about half the rate it was 20 years. They conclude that this slow growth will hinder the job market and the economy. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News to examine the report from two researchers pointing to demographics as the reason for the slow employment numbers.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.