US

This tag is associated with 1033 posts

US – Just 63 percent of 20-24 years old were employed as of September 2014

Opportunity matters. But for many young Americans, opportunity is hard to come by. Young Americans have faced bleak job prospects for years, but the recession hit millennials particularly hard. Just 63 percent of Americans age 20-24 were employed as of September 2014, according to calculations based on Bureau of Labor Statistics data. In September 2000, … Continue reading

Monetary Policy in US – The FED ends quantitative easing

With the U.S. economy showing signs of life, the Federal Reserve moved Wednesday to end billions of dollars in monthly bond purchases aimed at boosting growth. The central bank had initiated the policy, known as “quantitative easing,” in 2008 to keep interest rates low and boost economic activity following the financial crisis. Six years later, … Continue reading

STEM in US – The barriers to entry are also lower than most think.

With the expansion of advanced technologies and processes into more and more fields, the science, technology, engineering and math (STEM) economy is much bigger than many imagine and the barriers to entry are also lower than most think. Occupations like pipefitting and welding require only a high school diploma plus technical training to start. In … Continue reading

US – Almost all of the private sector jobs have been created by businesses less than five years ol

Amid the political maneuvering, there is, happily, some serious work being done by the Kauffman Foundation and the Institute for Competitiveness & Prosperity to figure out where new jobs actually do come from. The surprising truth is that over the last twenty five years, almost all of the private sector jobs have been created by … Continue reading

US – Labor Market Trends For 2015

Below are my top ten predictions for the workplace for 2015.  1. Companies hiring Generation Z for internships. 2. More millennials are taking leadership roles. 3. Honesty becomes a revered leadership trait. 4. The skills gap continues to widen. 5. The continuous job search picks up. 6. Mobile hiring and the mobile job search explode. … Continue reading

Wages in US – 50% make less than $28,031 a year

The Social Security Administration has just released wage statistics for 2013, and the numbers are startling.  Last year, 50 percent of all American workers made less than $28,031, and 39 percent of all American workers made less than $20,000.  If you worked a full-time job at $10 an hour all year long with two weeks … Continue reading

Monetary policy and inequality in the US – The links

Possible channels linking monetary policy and inequality  Proponents of this view focus on two channels through which monetary policy affects inequality. Heterogeneity in income sources While most households rely predominantly on labour incomes, for others financial income, business income, or transfers may be more important. If expansionary policy raises profits by more than wages, wealth … Continue reading

US – For years, the fast food industry has created jobs at a faster rate than the rest of the economy

Since the recession ended, we’ve seen a troublingly uneven recovery, in which many of the middle-income jobs lost from 2008 to 2010 have been replaced by low-wage jobs. And fast food jobs are a large reason why, outpacing the country’s overall job growth. “Fast food is driving the bulk of the job growth at the … Continue reading

US – Female self-employment shows positive shift in opportunities finds BLS

New trends in female self-employment suggest a positive shift in opportunities for women, especially for those who differ from the “typical” self-employed women of the past. For instance, the percentage of female minorities in self-employment doubled from 1993 to 2012, and more divorced women and women without young children have become self-employed. Earnings trends have … Continue reading

The Knowledge-Intensive Services Industries US – 18 Million jobs and high wages

The commercial knowledge and technology-intensive (KTI) industries play a big role in the U.S. economy. The larger component of KTI industries—the knowledge-intensive (KI) services industries—employed 18 million workers and produced 22% of U.S. gross domestic product (GDP) in 2012. The smaller component—the high technology (HT) manufacturing industries—employed 2 million workers and produced 2% of GDP … Continue reading

US – The middle class is in trouble

The American middle class is in trouble. The middle-class share of national income has fallen, middle-class wages are stagnant, and the middle class in the United States is no longer the world’s wealthiest. But income is only one side of the story. The cost of being in the middle class—and of maintaining a middle-class standard … Continue reading

Inequality in US – The average greenhouse gas footprint of the top 2% of the income distribution is more than four times that of those in the bottom quintile

This paper describes the creation of a database providing estimated greenhouse gas (GHG) footprints for 6 million US households over the period 2008-2012. The database allows analysis of footprints for 52 types of consumption (e.g. electricity, gasoline, apparel, beef, air travel, etc.) within and across geographic regions as small as individual census tracts. Potential research … Continue reading

Jobless Claims in US – Lowest level for 4-week moving averag average since May 6, 2000

In the week ending October 18, the advance figure for seasonally adjusted initial claims was 283,000, an increase of 17,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 264,000 to 266,000. The 4-week moving average was 281,000, a decrease of 3,000 from the previous week’s revised average. … Continue reading

Retirement in US – Saving for it is a formidable challenge for middle-class finds Wells Fargo

Wells Fargo did as much as it could to soft-pedal the findings of its fifth-annual Middle Class Retirement Survey, released Wednesday, but the horrific numbers speak for themselves.A formidable challenge? No kidding. More than a third of middle-class families aren’t saving anything in a 401(k), IRA or other vehicle, the survey found. For those 50 … Continue reading

US – The total number of positions in Communication advertised by institutions of higher education has more than doubled from 2009 to 2013

The National Communication Association (NCA) performs an annual analysis of college and university searches to fill academic positions in Communication. We collect job postings from three different outlets: the NCA Career Center, CRTNET, and Spectra. CRTNET is a disciplinary listserv where employers may post position announcements. Spectra is the NCA magazine. If a job was … Continue reading

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