Workers in America’s oil and gas patches have enjoyed some of the country’s biggest gains in the buying power of their paychecks over the past decade and a half, while workers in several small and mid-sized manufacturing-oriented cities have watched their buying power shrink over the same time period. A Pew Research Center analysis of federal … Continue reading
A recent Pew Research Center analysis of census data found that in 2014, for the first time in more than 130 years, 18- to 34-year-olds in the U.S. were more likely to be living in their parents’ home than with a spouse or partner in their own household. A closer analysis of the data helps … Continue reading
Households in the highest income quintile received a little more than half of total before-tax income and paid more than two-thirds of all federal taxes in 2013 (see Figure 1). Households in other income groups received considerably smaller shares of before-tax income and paid considerably smaller shares of federal taxes. Furthermore, the share of taxes … Continue reading
Three million young people are neither in school nor working, finds a report released today by the Brookings Metropolitan Policy Program. These “disconnected youth” are primarily people of color. In some metros, black and Latino youth are up to six times more likely to be disconnected than young whites. The report, “Employment and disconnection among … Continue reading
The decline in labor force participation rates has been widely documented, but the growing gulf in the work gap between the bottom third and the rest of the population is truly striking:While the share of men who are employed in the top two-thirds has been quite stable since 1980, lower-income men’s work rates have declined … Continue reading
Few industries have been affected by the digital or information age as much as newspapers and other traditional publishing industries (books, magazines, etc.). In June 1990, there were nearly 458,000 people employed in the newspaper publishing industry; by March 2016, that figure had fallen to about 183,000, a decline of almost 60 percent. Over the … Continue reading
The employment rate for teens fell from 43 percent in 2000 to 26 percent in 2014, and for young adults aged 20 to 24, it fell from 70 to 62 percent. These are big drops. In a new analysis, I take a deeper look at employment trends among young people. When employment rates are broken … Continue reading
Whether you’re a college student deciding on a major or a working professional looking for a career change, new findings may shed light on which direction to go in. CareerBuilder just released a list of fast-growing industries with ample job prospects over the next five years. The study is based on data from Emsi, CareerBuilder’s … Continue reading
The unemployment rate declined by 0.3 percentage point to 4.7 percent in May, and confirm payroll employment changed little (+38,000), the U.S. Bureau of Labor Statistics reported today. Employment increased in health care. Mining continued to lose jobs, and employment in information decreased due to a strike. Household Survey Data In May, the unemployment rate declined by 0.3 … Continue reading
But while, on average, college graduates have lower unemployment rates, earn higher wages and even have longer-lasting marriages, there’s less discussion of the many students lost between enrollment and graduation. The challenges can be greatest for the 7.2 million students who need federal loans to attend college. According to a new report by Third Way, … Continue reading
Three million young people are neither in school nor working, finds a report released today by the Brookings Metropolitan Policy Program. These “disconnected youth” are primarily people of color. In some metros, black and Latino youth are up to six times more likely to be disconnected than young whites. The report, “Employment and disconnection among … Continue reading
The need to invest in roads, rails, ports, power plants, and water facilities has emerged as a theme of Infrastructure Week 2016, particularly when it comes to the call for regional leadership and collaboration alongside federal efforts. Across all types of infrastructure, public and private leaders are looking to fill a growing investment gap across … Continue reading
As the U.S. labor market continues to gain momentum, concerns over wage stagnation and income inequality persist, especially at a regional level. In response, many public, private, and civic leaders across a variety of metropolitan areas are forging new collaborations and launching innovative strategies to support greater economic opportunity. Infrastructure investment represents a key priority … Continue reading
Something isn’t clicking in the US labor market. On Tuesday, the latest “Job Openings and Labor Turnover Survey” (JOLTS) showed there were 5.757 million jobs available in the US in March — a near record. Additionally, the number of unemployed people in the US per job open is down to prerecession levels at about 1.5 … Continue reading
Until the late 1990s, “vocational education” in traditional trades such as carpentry, cosmetology, and auto mechanics was often the presumptive high school placement for low-performing students considered ill-suited for college. However, in the past two decades, policymakers and educators have reconsidered what is now referred to as “Career and Technical Education” (CTE). Done right, secondary … Continue reading