Reasons people have left the labor force include going back to school, becoming ill or disabled, staying home to care for children or elders, taking early retirement, and becoming discouraged about one’s ability to get a job at all. Economist William Rodgers at Rutgers University’s Heldrich Center for Workforce Development said, in many cases, these people have found ways to survive and make ends meet without getting traditional employment again. And he said wage-growth will have to improve to make it worthwhile for many of these people to return to the job-hunt.
NJSPL: The Healthcare Affordability Crisis in NJ and Nationally
The Healthcare Affordability Crisis in NJ and Nationally In 1992, political strategist James Carville famously said, “It’s the economy, stupid!” in reference to the messaging needed to get Bill Clinton elected. Carville’s admonition applied just as much to this year’s...