United States

This tag is associated with 1880 posts

US – The productivity imperative and the labor markets

The productivity imperative The past 50 years have been a remarkable period for global GDP growth, which was driven in equal measures by expanding the labor pool and increasing the productivity of those worker. But one of those drivers is running out of steam. As the workforce ages in many of the world’s largest economies, … Continue reading

The January 2016 Job Report in US – Charts

Chosen excerpts by Job Market Monitor. Read the whole story at  The January Jobs Report in 12 Charts – Real Time Economics – WSJ Related Posts Job Report in US – What the White House says POSTED BY MICHEL COURNOYER ⋅ FEBRUARY 6, 2016 ⋅ LEAVE A COMMENT With the unemployment rate below 5 percent for the first time in almost … Continue reading

The January 2016 Job Report in US – Manufacturing jobs hit 7-year high 

Apparently, no one told American manufacturers that their business is collapsing, because they kept on hiring more workers in January.The Bureau of Labor Statistics reported Friday that manufacturing companies added 29,000 workers in January to reach a seven-year high of 12.4 million. After a soft patch in the middle of last year, it was the … Continue reading

Job Report in US – What the White House says

With the unemployment rate below 5 percent for the first time in almost 8 years, here are five things you need to know about where our economy stands. Source: As Unemployment Drops Below 5%, Here Are Five Facts About America’s Jobs Market | whitehouse.gov Related Post Job Report in US, January 2016 – American employers … Continue reading

Job Report in US, January 2016 – American employers eased up on the gas

Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care, and manufacturing. Employment declined in private educational services, transportation and warehousing, … Continue reading

Skills Gap in US – An employer-driven talent supplier recognition and certification system is needed US Chamber of Commerce says

There is no time to waste. The skills gap continues to worsen while government policies to improve employer responsiveness through accreditation reform continue to fall short. More employers and business and industry associations now see the need and opportunity to explore an employer-led solution during a time of growing debate on the role of government … Continue reading

College-Educated Immigrants in US – Has grown at more than twice the rate of U.S. born

The number of immigrants with higher education has grown at more than twice the rate of the same population among the U.S. born. Between 1990 and 2000, the college-educated immigrant population increased 89 percent from 3.1 million to 5.9 million, and a further 78 percent between 2000 and 2014 (from 5.9 million to 10.5 million, … Continue reading

Unemployment Insurance in US – The President’s proposal

The President’s proposal contains three core elements: Protecting Workers with Wage Insurance:  The President’s plan would ensure workers have access to wage insurance that would replace half of lost wages, up to $10,000 over two years. Displaced workers making less than $50,000 who were with their prior employer for at least three years would be … Continue reading

Foreign seasonal workers for in US – Would nearly double

The seasonal worker provision, sought by a coalition of industry groups that include hotels, restaurants, ski and beach resorts, construction companies and seafood processors, allows U.S. companies to bring in far more than the 66,000 workers a year that have been permitted to obtain visas in the past. The H-2B visa program does not include farm workers. The Departments of Labor … Continue reading

The 2015 job market in US before the last report

Overall, they will show a labor market that continues to recover from the Great Recession.  At the same time, a lack of progress on a number of fronts will suggest some serious longer-term problems, which existed before 2008 but were exacerbated by the recession and the slow (though steady) recovery since then. First, the good … Continue reading

US – In 2014, 87.4 million people 16 years and older neither worked nor looked for work

In 2014, 87.4 million people 16 years and older neither worked nor looked for work at any time during the year. Of this group, 38.5 million people reported retirement as the main reason for not working. About 16.3 million people were ill or had a disability, and 16.0 million were attending school. Another 13.5 million … Continue reading

Millennials in US in 2015 – The largest generation

Millennials continue to make headlines, including on our Fact Tank posts. Our research showed that this confident, politically independent generation not only overtook Generation X as the largest generation in the U.S. workforce, but also overtook Baby Boomers in population size – two big milestones that resonated with our audience. Source: Top Fact Tank data of 2015 | Pew Research Center

Wages in US – Man working full-time, year-round earned less in 2014 than in 1973 in real terms

The typical man with a full-time job–the one at the statistical middle of the middle–earned $50,383 last year. The typical man with a full-time job in 1973 earned $53,294, measured in 2014 dollars to adjust for inflation. You read that right: The median male worker who was employed year-round and full time earned less in … Continue reading

Jobless Claims in US – Near 42-year low

The number of Americans filing for unemployment benefits fell more than expected last week, nearing a 42-year low as labor market conditions continued to tighten in a boost to the economy.Initial claims for state unemployment benefits dropped 5,000 to a seasonally adjusted 267,000 for the week ended Dec.19, not far from levels last seen in … Continue reading

US – Low participation is the main explanation for depressed employment rates among prime-age Americans

Low participation is the main explanation for depressed employment rates among prime-age Americans.  Participation rates are not only low in comparison to levels seen before the Great Recession, they are also now below those in other rich countries.  Charts 2 and 3 compare employment-to-population rates among 25-54 year-olds in seven OECD member countries (Canada, France, … Continue reading

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