United States

This tag is associated with 1996 posts

US – Americans are hustling to adapt to new labor force realities Pew finds

For the past several decades, employment has been rising faster in jobs requiring higher levels of preparation – that is, more education, training and experience. The number of workers in occupations requiring average to above-average education, training and experience increased from 49 million in 1980 to 83 million in 2015, or by 68%. This was … Continue reading

Baby Boomer Women in US – Too Much Fun to Retire

Kay Abramowitz has been working, with a few breaks, since she was 14. Now 76, she is a partner in a law firm in Portland, Ore. — with no intention of stopping anytime soon. “Retirement or death is always on the horizon, but I have no plans,” she said. “I’m actually having way too much … Continue reading

Job Report in US, January 2017 – Total nonfarm payroll employment increased by 227,000

Total nonfarm payroll employment increased by 227,000 in January, and the unemployment rate was little changed at 4.8 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in retail trade, construction, and financial activities. Household Survey Data Both the number of unemployed persons, at 7.6 million, and the unemployment rate, at 4.8 … Continue reading

US – Is your city’s workforce growing older or younger?

Is your city’s workforce growing older or younger? CareerBuilder is out with a new study that explores employment trends for the 100 most populous U.S. cities, tracking how the shares of workers ages 22 to 34 and ages 55 and older have changed from 2001 to 2016. Topping the list for cities aging the fastest … Continue reading

Labor Market Outlook for 2017 and 2018 in US – The employment shortfall will shrink CBO says

CBO expects slack in the labor market to disappear over the next two years, as the growth of aggregate demand increases the demand for labor, eliminating the shortfall between actual and potential employment by the end of 2018 (see the figure below). That estimate is the effect of two expected developments. First, the gap between … Continue reading

US – Full employment may be redefined

Fed policymakers indicated in their post-meeting statement Wednesday that there’s still room for improvement in the job market. While the unemployment rate “stayed near its recent low” in December, “some further strengthening” is expected in labor conditions. That doesn’t mean central bankers or Labor Department economists are about to abandon the unemployment rate as their … Continue reading

US – Top 10 creative jobs in demand

Everyone knows the top-paying jobs are typically found in science and business. However, there are plenty of top-dollar career options for professionals whose passions are in the creative fields: coming up with new and original ideas, projects or products. CareerBuilder and Emsi compiled a list of the top 10 creative jobs the labor market needs … Continue reading

US – Millennials are taking over the workplace (Infographic)

Chosen by Job Market Monitor.  @ visual.ly/api/embed/50554?width=540 From Visually.

US – A continuous decline in the overall participation rates until 2060 BLS says

In the Census Bureau’s latest projections, the growth rate (percentage change) of the resident population is projected to decrease in the long term. In 2022, the share of natural increase and immigration in projections of the resident population will be equal and at 50 percent.   The civilian noninstitutional population is projected to grow from … Continue reading

Refugees in the US – 84,995 admitted in 2016

The U.S. admitted 84,995 refugees in the fiscal year ending in September 2016, the most in any year during the Obama administration. An additional 31,143 refugees have been admitted to the U.S. from Oct. 1 through Jan. 24, including more than 1,136 refugee admissions since Trump became president on Jan. 20. Though refugee admissions would … Continue reading

View of labor Unions in US – About six-in-ten adults today have a favorable view

About six-in-ten adults today have a favorable view of labor unions (60%) and business corporations (56%), according to a new Pew Research Center survey. Views of both have grown more positive since March 2015, when roughly half of adults (48%) expressed a favorable view of each. Chosen excerpts by Job Market Monitor. Read the whole story … Continue reading

Labor Force Participation in US – The CBO’s projections: a drop of 3.7 percentage points over 30 years

What Are CBO’s Current Projections of Labor Force Participation? CBO projects that the rate of labor force participation (that is, the number of people who are either working or seeking work as a share of the civilian noninstitutionalized population age 16 or older) will decline from 62.8 percent in 2017 to 61.0 percent in 2027 and … Continue reading

US – How many immigrants are underemployed (i.e., in low-skilled jobs) or unemployed?

The United States has long attracted some of the world’s best and brightest, drawn by the strong U.S. economy, renowned universities, and reputation for entrepreneurship and innovation. But because of language, credential-recognition, and other barriers many of these highly skilled, college-educated immigrants cannot fully contribute their academic and professional training and skills once in the … Continue reading

Manufacturing Jobs in US – About 157,000 U.S. workers quit in October, the highest level in more than eight years

About 157,000 U.S. workers quit a manufacturing job in October, the highest level in more than eight years and a reminder of the massive churn across the labor market. Falling factory employment has been running theme of 2016, and President-elect Donald Trump has made those jobs a priority. Underneath the long-term slide in employment is a more dynamic … Continue reading

Minimum Wage in US – Study claiming the minimum wage harmed low-wage workers fails conventional tests EPI says

Beginning in 2007, there were two major developments in the U.S. economy. The federal minimum wage rose in steps from $5.15 to $7.25 per hour, and overall employment growth slowed significantly as the country began its descent into the Great Recession. A recent paper by Jeffrey Clemens and Michael Wither argues that the national minimum … Continue reading

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