Growing Economy Drives Labor Force Growth

Growing Economy Drives Labor Force Growth

The US civilian labor force is forecast to reach 167 million people in 2022 on annual average growth of less than 1.0%. At the same time, the number of unemployed workers in the labor force is expected to increase by 1.7% annually to 2022.


What Sequestration? Naval Expansion to Fuel Shipbuilder Growth

What Sequestration? Naval Expansion to Fuel Shipbuilder Growth

From 2013 through 2016, sequestration, a system of budget cuts meant to enforce spending caps set by the Budget Control Act, led to stagnation in US shipbuilding output. Now, plans to dramatically increase the size of the US naval fleet from 275 ships to 355 promise to reinvigorate US shipbuilders.