Presently, the U.S. labor market is very strong. Unemployment is low and there are nearly seven million available, unfilled jobs in America. But at some point, the economy will find its way into another recession, layoffs will rise, and unemployment will head higher. As indicated by Forbes, recent survey data indicate that older workers may bear a disproportionate share of those layoffs when they arrive. Anirban tells us more.
Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.