Dmytro Kharkov

Ernie Tedeschi: U.S. labor market began accelerating in 2014 but prime age employment still lags EU

Ernie Tedeschi: U.S. labor market began accelerating in 2014 but prime age employment still lags EU
U.S. labor gains but EU leads

Ernie Tedeschi commented on the U.S. labor market, stating that it began accelerating in 2014. He also observed that U.S. prime age employment has been weaker compared to the European Union for some time.

Tedeschi's remarks highlight a divergence between overall labor market momentum and outcomes for specific age groups within the workforce.

Tedeschi previously noted that the entry-level share of legal jobs remains slightly above trend, while office administration figures are consistent with earlier patterns (source). He also reported that nonfarm business productivity rose 2.8% in 2025, compared with 2.3% in 2024 (source). These observations provide additional context for his latest comments on employment dynamics.

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