United States

This tag is associated with 1968 posts

Minimum Wage in US – Only 5 percent of all employers believe the federal minimum wage ($7.25 per hour) is fair

Three-quarters of Americans (75 percent) are living paycheck-to-paycheck to make ends meet, according to a survey from CareerBuilder. Thirty-eight percent of employees said they sometimes live paycheck-to-paycheck, 15 percent said they usually do and 23 percent said they always do. While making ends meet is a struggle for many post-recession, those with minimum wage jobs … Continue reading

Digitalisation in the US – Significantly higher risk of job losses for workers with low wages

Digitalisation has a substantial impact on the labour market, by modifying skills needed, working conditions and job dynamics in the US. Concerning skills needs, individuals need new digital skills to respond to employers’ needs, but also to function well in society as whole. These skills range from basic digital literacy to advanced technical skills. Moreover, … Continue reading

The Teacher Pay Gap in US – Wider than ever

What this report finds: The teacher pay penalty is bigger than ever. In 2015, public school teachers’ weekly wages were 17.0 percent lower than those of comparable workers—compared with just 1.8 percent lower in 1994. This erosion of relative teacher wages has fallen more heavily on experienced teachers than on entry-level teachers. Importantly, collective bargaining … Continue reading

US – The erosion in labor mobility and entrepreneurship since 2000 can be more accurately explained by weak demand

Academics and policymakers have recently focused on a worsening economic phenomenon commonly referred to as the decline in “business dynamism,” that is, the declining rate at which new businesses are formed and the rate at which they grow. This decline in dynamism and entrepreneurship accompanies a decline in overall labor market mobility, including quits and … Continue reading

Federal Minimum Wage in US – This week marks the seven-year anniversary of the last time it was raised

This week marks the seven-year anniversary of the last time the federal minimum wage was raised, from $6.55 to $7.25 on July 24, 2009. Since then, the purchasing power of the federal minimum wage has fallen by 10 percent as inflation has slowly eroded its value. However, this decline in the buying power of the … Continue reading

After the Great Recession – Americans past 60 have seen their employment and labor force participation rates increase

Unlike prime-age Americans, who have experienced declines in employment and labor force participation since the onset of the Great Recession, Americans past 60 have seen their employment and labor force participation rates increase. In order to understand the contrasting labor force developments among the old, on the one hand, and the prime-aged, on the other, … Continue reading

The 9-to-5 Day Work – Three in five workers believe it is a thing of the past

A typical work day historically involved eight consecutive hours of effort for full-time workers, but today, most don’t stop working when the clock hits 5 p.m. According to a new survey from CareerBuilder, nearly 3 in 5 workers (59 percent) believe the traditional 9-to-5 work day is a thing of the past. Forty-five percent of … Continue reading

College Education in US – Boost to career earnings much lower for individuals who grew up in lower-income families

A college education, it is hoped, will help the children of the poor and working class gain a larger share of the economic pie. But how much does college really pay off for lower-income Americans? Perhaps surprisingly, there has been little research on how family income background influences the career earnings boost from a college … Continue reading

Income Inequality in the US in 2013 – The top 1 percent of families nationally made 25.3 times as much as the bottom 99 percent

While economic inequality has been one of the hottest topics this presidential campaign season, much of the focus has been on the fortunes of the top 1 percent at the national level. This report, our third annual such analysis, uses the latest available data to examine how the top 1 percent in each state have … Continue reading

Community College in US – Just 15 percent acquire a 4-year degree

Community colleges are a vital part of America’s opportunity structure, not least because they often provide a way into higher education for adults from less advantaged backgrounds. Each year there are around 10 million undergraduates enrolled at public, two-year colleges. Among first-generation students, nearly 38 percent attend community colleges, compared to 20 percent of students … Continue reading

The decline in prime-age male labor force participation in US – A White House report

For more than sixty years, the share of American men between the ages of 25 and 54, or “prime- age men,” in the labor force has been declining. This fall in the prime-age male labor force participation rate, from a peak of 98 percent in 1954 to 88 percent today, is particularly troubling since workers … Continue reading

Immigrants in US and Europe – 19% of all international migrants vs 23%

The United States has long been the top destination country for migrants worldwide, though if the European Union, Norway and Switzerland were a single country it would outrank the U.S. as a destination for international migrants. But the U.S. and Europe are quite different when it comes to their migrant populations’ origin countries. In 2015, … Continue reading

Social Media at Work in US – For a wide range of reasons

Workers turn to social media for a range of reasons while at work, with taking a mental break being among the most common Today’s workers incorporate social media into a wide range of activities while on the job. Some of these activities are explicitly professional or job-related, while others are more personal in nature. The … Continue reading

Minorities in US – The majority among infants are from them

The U.S. is projected to have no racial or ethnic group as its majority within the next several decades, but that day apparently is already here for the nation’s youngest children, according to new Census Bureau population estimates. The bureau’s estimates for July 1, 2015, released today, say that just over half – 50.2% – … Continue reading

Occupational Licensing in US – Who they are and the effects on wages and unemployment

Who is licensed? Using the newly released Bureau of Labor Statistics data, it is possible to describe licensed workers and then examine a number of important economic implications of licensing. Licensing varies substantially by occupation. Legal, education, and healthcare occupations feature licensing at particularly high rates, as shown in Figure 1. Note that the increase … Continue reading

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