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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

US – 28 percent of these rich households with jobs in 2012 and with average income of $31.4 million got no paycheck in 2013

A very curious thing happened in 2013, when Congress raised the tax rates on top earners, from the 35 percent rate set under George W. Bush back to the Bill Clinton–era rate of 39.6 percent. More than 4,000 households that in 2012 enjoyed salaries averaging $6.5 million each stopped collecting paychecks, my analysis of IRS … Continue reading

US – Support for labor unions has jumped five percentage points to 58% over the past year

Americans’ approval of labor unions has jumped five percentage points to 58% over the past year, and is now at its highest point since 2008, when 59% approved. In the interim, the image of organized labor had suffered, sinking to an all-time low of 48% in 2009. Chosen excerpts by Job Market Monitor. Read the whole … Continue reading

UK – Schools are too focused on exam results alone say students themselves

Schools are still far too focused on exam results and are not doing enough to equip their students for the workplace, according to students themselves. The new research released today, which questioned both secondary school aged students and their parents, saw three quarters (76%) of pupils say that their school trains them just to pass … Continue reading

Unbundled Higher Education in US – How to facilitate access while protecting consumers and taxpayers

In the face of increasing costs and lackluster outcomes, traditional higher education is under increasing pressure to prove its value proposition. Meanwhile, new providers have “unbundled” the components of a postsecondary degree or certificate, offering stand-alone courses or sequences of courses, targeted job training, and assessments and certifications, often at much lower cost than existing … Continue reading

US – Of the 6.6 million jobs added during the recovery, 2.9 million were good jobs report finds

After years of slow growth, jobs are back in large numbers. The national unemployment rate is now 5.3 percent, down from the peak of 10 percent in October 2009. The economy added 250,000 jobs per month in 2014, the best year in job growth since the beginning of the millennium. The job growth fell off … Continue reading

Telecommuting for Work in US – From 9% to 37% in 20 years Gallup finds

Thirty-seven percent of U.S. workers say they have telecommuted, up slightly from 30% last decade but four times greater than the 9% found in 1995. These results are based on Gallup’s annual Work and Education poll, conducted Aug. 5-9. Chosen excerpts by Job Market Monitor. Read the whole story at In U.S., Telecommuting for Work Climbs to … Continue reading

Prime Age Workers in US – 6.1 percentage points decline in employment between 1999 and 2013

The share of prime-age adults who worked at some point during the year declined about 6.1 percentage points between 1999 and 2013 (note this differs somewhat from LFP). The share of people who did not work during the year because they could not find work (unemployed) picked up around 1.6 points. The share of people who … Continue reading

The Current Population Survey (CPS) in US – A massive fraud coming out of its Philadelphia region

Back in 2012 a whistleblower told the Census Bureau about a massive fraud coming out of its Philadelphia region. One of the guys who was supposed to be going door-to-door surveying people in the Washington, DC, area about their employment situation was faking the responses. As it turned out, that guy — Julius Buckmon — … Continue reading

US – Higher education didn’t protect hispanic and black wealth study finds

College-educated families usually earn significantly higher incomes and accumulate more wealth than families headed by someone who does not have a four-year college degree. The income- and wealth-boosting effects of education apply within all racial and ethnic groups. Higher education may also help “protect” wealth, buffering families against major economic and financial shocks and mitigating … Continue reading

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