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Unemployment Rates in US State – None or above 7% for the first time since early 2007

Currently no state has an unemployment rate at or above 7% (light blue); Only eight states are at or above 6% (dark blue). Chosen excerpts by Job Market Monitor. Read the whole story at Calculated Risk: BLS on State Unemployment Rates: No State at or above 7%, First Time since early 2007

US – Declines in completion rates across ages and enrollment intensities

The official end of the Great Recession is considered to be June 2009 (National Bureau of Economic Research, 2010). However, its effects on employment, wages, and family finances have lingered, impacting students and their colleges and universities through 2009, and well beyond. This year’s completions report clearly shows the continuing effects of recession on the … Continue reading

US – More mexicans leaving than coming in

More Mexican immigrants have returned to Mexico from the U.S. than have migrated here since the end of the Great Recession, according to a new Pew Research Center analysis of newly available government data from both countries. The same data sources also show the overall flow of Mexican immigrants between the two countries is at … Continue reading

US – Republican presidential candidates on the minimum wage 

The most recent Republican presidential debate coincided with a nationwide day of action from the Fight For $15, a grassroots movement advocating for higher minimum wages. To Fox Business anchor Neil Cavuto’s credit, he seized this opportunity to ask the candidates a simple question: “Are you sympathetic to the protesters’ cause?” The answer was a … Continue reading

Labor Force Participation in US – An increasing share of Americans outside of the labour force are not making an effort to come back

The chart below showed that 93% of those classified as “not in the labour force” in October also resided there in September. Furthermore, since this share hit its cycle-low in June 2010, there has been a clear upward trend and we are currently around historically high levels. In other words, an increasing share of Americans … Continue reading

US – Lower- and mid-wage occupations experienced proportionately greater declines in their real wages

Averaged across all occupations, real median hourly wages declined by 4.0 percent from 2009 to 2014. As Figure 1 shows, lower- and mid-wage occupations experienced proportionately greater declines in their real wages than did higher-wage occupations. Between 2009 and 2014, occupations in the bottom three-fifths saw median wage declines of 4.0 percent or greater. By … Continue reading

US – None of the productivity growth flowed into the paychecks

This paper updates and explains the implications of the central component of the wage stagnation story: the growing gap between overall productivity growth and the pay of the vast majority of workers since the 1970s. A careful analysis of this gap between pay and productivity provides several important insights for the ongoing debate about how … Continue reading

US Job Report for October – Total nonfarm payroll employment increased by 271,000 and the unemployment at 5.0 percent

Total nonfarm payroll employment increased by 271,000 in October, and the unemployment rate was essentially unchanged at 5.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, retail trade, food services and drinking places, and construction. Household Survey Data Both the unemployment rate (5.0 percent) … Continue reading

Unemployment – Waiting doesn’t bring better outcomes

In some things, waiting brings better outcomes. We’ve all learned that it’s better to spend more time searching at the buffet line before making a decision. Otherwise, you end up with a plate full of wontons and miss out on the crab legs at the end. Or perhaps it’s better to wait for the next … Continue reading

Job Report in US – Total nonfarm payroll employment increased by only 142,000 in September

Total nonfarm payroll employment increased by 142,000 in September, and the unemployment rate was unchanged at 5.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care and information, while mining employment fell. Household Survey Data In September, the unemployment rate held at 5.1 percent, and the number of unemployed … Continue reading

US – Graduates’ current work engagement linked to key college experiences

Decades of Gallup research have demonstrated that engaged employees are more productive, are less likely to be absent, have lower turnover, have fewer safety incidents and are more productive and profitable. And findings from the Gallup-Purdue Index — a study of more than 30,000 college graduates — reveal some surprising connections between the experiences students … Continue reading

US – Shrinking cities are gaining brains

If there’s one thing that’s a nearly universal anxiety among cities, it’s brain drain, or the loss of educated residents to other places. I’ve written about this many times over the years, critiquing the way it is normally conceived. Since brain drain seems to be a major concern in shrinking cities, I decided to take … Continue reading

Welfare Use by Immigrant in US – 51 percent of households study finds

This study is the first in recent years to examine immigrant (legal and illegal) and native welfare use using the Census Bureau’s Survey of Income and Program Participation (SIPP). While its complexity makes it difficult to use, the survey is widely regarded as providing the most accurate picture of welfare participation. The SIPP shows immigrant … Continue reading

Satisfaction With Job in US – Up from 2005 finds Gallup

Employed Americans’ satisfaction with 13 aspects of their current jobs has largely improved in the last decade. The percentages of workers “completely satisfied” with their health benefits and vacation time have increased the most since 2005, each rising at least 10 percentage points. Chosen excerpts by Job Market Monitor. Read the whole story at Americans’ Satisfaction With … Continue reading

US Jobless Claims – A decline after four straight weekly increases

The number of Americans seeking first-time unemployment benefits fell last week, suggesting the labor market remains healthy.  Initial jobless claims, a proxy for layoffs across the U.S., decreased by 6,000 to a seasonally adjusted 271,000 in the week ended Aug. 22 the Labor Department said Thursday. The decline comes after four straight weekly increases. Economists … Continue reading

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