Job Market Monitor
Bureau of Labor Statistics
On Just over 5 M lost during the Great Recession, women accounted for nearly 1.8 M
But more than 2.2 million jobs have been added under Obama, but the gain for women was just 284,000. “For far too long women have been left behind in Obama’s job market. Of the 740,000 jobs lost since Obama took office, 683,000 of them were held by women. That is truly unsustainable.” — Statement by Sharon … Continue reading
U.S. | Hiring at highest level in more than 3 years
There were 3.5 million job openings on the last business day of February, little changed from January, the U.S. Bureau of Labor Statistics reported today. The hires rate (3.3 percent) and separations rate (3.1percent) were little changed in February. The job openings rate, at 2.6 percent, has trended upward since the end of the recession in … Continue reading
Workforce Retirements and Skills Gaps
A joint survey released April 9, 2012, by the Society for Human Resource Management (SHRM) and AARP shows that U.S. employers are ramping up training programs aimed at closing expected skills gaps left when Baby Boomers retire. In addition, companies are enhancing employee benefits that they hope will help with recruiting and retaining older workers, … Continue reading
Who Is the Most Unemployed?
As the recent recession and recovery have demonstrated, the storms and lulls in the labor market are rarely felt evenly among its participants. A variety of factors, including education and industry concentration, mean that some groups will remain vulnerable to job losses. However, as the economic recovery gains speed, the employment prospects for all workers should continue to improve. Continue reading
Vets Unemployment : 10.3%
On Friday, the Bureau of Labor Statistics released Veteran unemployment data for the month of March. The unemployment rate for one closely watched group, Iraq and Afghanistan-era Veterans (or Gulf War II-era Veterans), was 10.3 percent. While this reflects a higher number than in February, the trend over the past 27 months—since January 2010—remains downward … Continue reading
U.S. | 2011 Employment Situation of Veterans : Unemployment Rate drops to 8.3 % (from 8.7 % in 2010)
The unemployment rate for veterans who served on active duty in the U.S. Armed Forces at any time since September 2001–a group referred to as Gulf War-era II veterans–was 12.1 percent in 2011, the U.S. Bureau of Labor Statistics reported today. The jobless rate for all veterans was 8.3 percent. Twenty-six percent of Gulf War-era … Continue reading
College graduates of 2012 | Labor market improves
This year’s college graduates are being offered more jobs and fatter paychecks. Members of the Class of 2012 are being offered median starting salaries of $42,569 — up 4.5% from last year, a new report from the National Association of Colleges and Employers shows. Meanwhile, they have more jobs to choose from. Employers expect to … Continue reading
Job Gap | Skill Gap | Matching the Jobless With 3.4 Million Jobs – NYTimes.com
EVER since the deep recession hit four years ago, many colleges have been rethinking their continuing education programs, straining to figure out how best to help the many unemployed Americans who have looked to them as a lifeline. With the unemployment rate still stubbornly high, this rethinking has led to a powerful trend in which … Continue reading
Where To Find a Blue-Collar or a Service Job in 2020 – Richard Florida – The Atlantic Cities
The United States is on track to generate 20 million jobs between 2010-2020, according to the latest projections from the Bureau of Labor Statistics. But job creation will vary widely by type of job and also by metro region. The nation is projected to generate 7 million new high-wage, high-skill jobs for professional, technical, and … Continue reading
Hospital mass layoffs lower in 2011 than at height of recession :: Feb. 2, 2012 … American Medical News
The number of mass layoffs at hospitals decreased for 2011 compared with 2008, 2009 and 2010, when the recession and the ensuing economic hangover were in full force. According to data released Jan. 25 by the Bureau of Labor Statistics, 121 mass layoffs occurred in the hospital setting, leading to 8,098 people claiming unemployment benefits … Continue reading
Wisconsin leads Midwest in layoffs, unemployment
Despite signs of recovery over the last year, Wisconsin is one of the leading states in layoffs and unemployment claims, according to the most recent federal statistics. Only five other states — California, New York, Pennsylvania, North Carolina and Florida — had more layoffs than Wisconsin during January of this year, according to the a … Continue reading
The BLS Thinks These Jobs Will Grow a Lot. I Think They’re Wrong.
In a post at The Atlantic, Jordan Weissmann draws a couple interesting graphs using data from the BLS’s recently-released projections of job growth to 2020. Weissmann concentrates on those jobs that require only a high-school diploma or less, and points out the surprising stat that 63% of all US jobs created (12.8 million total) will be … Continue reading
GOP looks to ban federal regulations until unemployment falls to 6 percent – The Hill’s Floor Action
House Republicans have put forward a bill that would prevent federal agencies from issuing any new significant regulation until the national unemployment rate drops to 6 percent. Under the bill, H.R. 4078, federal agencies could not finalize regulations that cost the economy $100 million or more, or have other significant effects on job creation, until … Continue reading
Everyone Is Freaking Out Over A New Survey That Shows Unemployment Surging Again
As The Bonddad Blog pointed out last week, this Gallup data isn’t seasonally adjusted (in fact it says that in the chart right up there). Since it’s not seasonally adjusted, you have to look at it year over year, and guess what. And guess what, a year ago Gallup was at 10% and BLS was at … Continue reading
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