United States

This tag is associated with 2022 posts

The impact on employment and wages of Robots in US – No overall positive impact on any group

As robots and other computer-assisted technologies take over tasks previously performed by labour, there is increasing concern about the future of jobs and wages. This column discusses evidence that industrial robots reduced employment and wages between 1990 and 2007. Estimates suggest that an extra robot per 1,000 workers reduces the employment to population ratio by 0.18-0.34 … Continue reading

FedViews – The April jobs report left little doubt that the economy has reached full employment

The April jobs report left little doubt that the economy has reached full employment. Unemployment fell to 4.5% in March, below most estimates of its sustainable level in a healthy economy, or the natural rate. Other indicators also point to stronger conditions. For example, the number of workers who reported being involuntarily part time employed … Continue reading

Older Workers – How do employers adapt ?

Aging men and women are increasingly remaining in the labor force. Most often the reason for this is that they need to work additional years in order to be able to support an increasing number of years in retirement. This leaves employers scrambling for ways to adapt to a growing number of retirement-aged workers. Clark … Continue reading

Aging Workforce in US – A 10% increase in the fraction of the population ages 60+ decreases the growth rate of GDP per capita by 5.5% research finds

Population aging is widely assumed to have detrimental effects on economic growth yet there is little empirical evidence about the magnitude of its effects. This paper starts from the observation that many U.S. states have already experienced substantial growth in the size of their older population and much of this growth was predetermined by historical … Continue reading

Public Employment Service in US – USDOL has neglected strengthening the partnership with Unemployment Insurance research finds

The Employment Service-Unemployment Insurance (ES-UI) partnership is rooted in permanent authorizing statutes, an identical fund source, common rules for state administration, and interdependent practices to guard against improper payments and expose claimants to suitable job openings. This partnership is central to the success of the public workforce system. Over the past several decades, USDOL has … Continue reading

US – Income volatility is the result of broad shifts in the labor market

The lack of access to stable, predictable cash flows is the hard-to-see source of much of today’s economic insecurity. We came to understand this after analyzing the U.S. Financial Diaries (USFD), an unprecedented study to collect detailed cash flow data for U.S. households. From 2012 to 2014 we set up research sites in 10 communities across the country. The USFD research … Continue reading

Unemployment Insurance in US – How to improve it

Some researchers and policymakers have reasonably worried that generous UI could discourage serious job search and raise workers’ wage demands unrealistically (an instance of what economists call “moral hazard”), thereby slowing the overall labor market recovery. To be clear, most labor economists do not share the worry that unemployment is increased much by UI. But … Continue reading

PISA and TIMSS – How did the u.s. perform ?

Has U.S. school performance been improving over the past two decades? The results of two international tests—the Program for International Student Assessment (PISA) and the Trends in International Mathematics and Science Assessment (TIMSS)—shed some light on this question. Both were administered in 2015, an event that only occurs every 12 years. Inside the 2017 Brown … Continue reading

Job Report in US, March 2017 – Employment up by (only) 98,000 bu unemployment rate fell to 4.5 percent, the lowest level in almost a decade

The unemployment rate declined to 4.5 percent in March, and total nonfarm payroll employment edged up by 98,000, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services and in mining, while retail trade lost jobs. Household Survey Data The unemployment rate decreased by 0.2 percentage point to 4.5 percent … Continue reading

Leave of Absence in the US – Many, particularly among lower-income workers, aren’t able to take time off

Most Americans say they have taken or are very likely to take family or medical leave at some point (62%), but many, particularly among lower-income workers, aren’t able to take time off from work when these situations arise, according to a new Pew Research Center study. About one-in-six adults (16%) who have been employed in … Continue reading

Wage Gap Across Gender and Race in US – Finding the true numbers

How would someone go about finding the true wage gap numbers across gender and race groups in the US? Step 1: Find a reputable source. Step 2: Read the small print. Step 3: Check the source. Step 4: Find out if the statistics accurately reflect all groups. Chosen excerpts by Job Market Monitor. Read the whole … Continue reading

US – Labor force participation is too low, JPMorgan CEO Jamie Dimon says

Labor force participation is too low. Labor force participation in the United States has gone from 66% to 63% between 2008 and today. Some of the reasons for this decline are understandable and aren’t too worrisome – for example, an aging population. But if you examine the data more closely and focus just on labor … Continue reading

Postsecondary Education in US – A higher proportion of students who earned an occupational credential were employed in 2009

Postsecondary students who completed a credential had higher employment rates than noncompleters, and those who earned a degree had higher employment rates than those who earned a certificate. Among students who began their postsecondary education in 2003–04 and were not enrolled 6 years later, 84 percent of those who completed a credential were employed in … Continue reading

Taking Leave to Care for Sick Family Member in US – About one-in-four workers (23%) and an additional one-in-four will

About one-in-four Americans (23%) say there has been a time when they took leave from work to care for a family member with a serious health condition. An additional one-in-four say that if this hasn’t happened to them already, it’s at least somewhat likely that it will in the future. The current debate over paid … Continue reading

IT Skills in US – The 30 most frequently advertised occupations

This paper explored the size and structure of demand for IT skills in 30 most frequently advertised occupations in the US labour market, providing a cross-section of the mainstream labour market demand for such skills across a wide variety of jobs. The study concerns itself with a granular analysis that provides both a detailed structure … Continue reading

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