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New School

Older and jobless – the U.S. recovery’s forgotten story

Six years after the Great Recession ended, jobless older workers are the forgotten story of the economic recovery. U.S. employers are creating hundreds of thousands of new jobs every month, but millions of older workers who want a job cannot find work. The economic data documenting the problem is clear. So is one of the

Walter E. Williams: Elitist Arrogance

White teenage unemployment is about 14 percent. That for black teenagers is about 30 percent. The labor force participation rate for white teens is 37 percent, and that for black teens is 25 percent. Many years ago, in 1948, the figures were exactly the opposite. The unemployment rate of black 16-year-old and 17-year-old males was

Class of 2014 Graduates with Highest Student Loan Debt Ever Recorded

Sarah Jean Seman College graduates this year face an average student loan debt of more than $30,000 dollars — the highest amount yet recorded. This burden grows larger each year creating a dangerous trajectory for the future of higher education. There is additionally an inverse relationship between the cost of college and the salary of