Jobs Preview 2012: The Year of the Missing Worker
By Matt McDonald, (202) 822-1205, firstname.lastname@example.org
- There are over 3 million “missing” workers who should be in the labor force, but are not.
- If labor force participation were in line with demographic projections, the unemployment rate would be above 10 percent.
- The possibility of large numbers of people reentering the labor force makes it very difficult for the unemployment rate to fall below 8 percent by Election Day.
In conjunction with this report, HPS is conducting a limited number of briefings on the analysis. If you are interested in scheduling a briefing, you can contact HPS at: (202) 822-1205.
For unemployment projections and estimates of job growth to get unemployment down, you can access the full white paper here: http://bit.ly/xKWF0t
Matt McDonald is a partner at Hamilton Place Strategies and a veteran of two Presidential campaigns and the White House. Prior to joining HPS, Matt worked for McKinsey and Company. He holds an MBA from MIT’s Sloan School of Management and a degree in economics from Dartmouth College.