Category Archives: Demographics

A Soviet Style Labor Purge Approach to Full Employment

This week the unemployment level fell to 5.5%. This is within the full employment range. However, behind the scenes, there seems to be a purge of the labor force, which will result in full employment numbers. While there are some … Continue reading

Posted in Demographics, Economics, Labor, Macroeconomics, Sociology, Statistics | Leave a comment

Why Society Hates Millennials

When you look at the data, it would seem that society hates the Millennial generation. Some could even argue that Baby Boomers are standing in the way of Millennial progress in the labor force. Generation X sure hasn’t done much … Continue reading

Posted in Demographics, Economics, Labor, Political Economy, Socioeconomics, Sociology | Leave a comment

Children of the Pie

The CDC is reporting that child births to unwed mothers is down for the first time in history. There’s no question that it’s a cultural shift, but could it be one driven by economic concerns? After all, the Great Recession brought … Continue reading

Posted in Demographics, Economics, Socioeconomics, Sociology | Leave a comment

The Non-Existent Skills Mismatch: Blame the Victim

There’s some evidence to show that the unemployment rate has nothing to do with a skills mismatch and everything to do with companies doing a crappy job of hiring people for job openings, especially the long term unemployed. While the … Continue reading

Posted in Demographics, Economics, Labor | Leave a comment

Mobility verses Inequality

Politicians both on the left and right are at it again, posing that income inequality is not the problem, but rather socioeconomic mobility is the real problem. As this paper (PDF) proves, they are the same thing. Sociologists have known … Continue reading

Posted in Demographics, Economics, Political Economy, Poverty, Public Policy, Socioeconomics, Sociology | 1 Comment

Race, Class and Retirement

It’s commonly accepted in Sociology that you cannot analyze class-ism (prejudice & discrimination based on class) without also looking at race. Certainly, the recent demographic shift to a “majority” minority would support that. However, it becomes especially stark when looking … Continue reading

Posted in Demographics, Economics, Poverty, Public Policy, Socioeconomics, Sociology | Leave a comment

The Science of Guessing

Economists assume human behavior while Sociologists actually study human behavior. A recent report that says the U.S. Population is growing at the lowest since the Great Depression, and a Brooking’s Institute Economics response is the perfect example of the difference … Continue reading

Posted in Demographics, Economics, Sociology | Leave a comment