There are reasons to believe that refugees’ children may be particularly vulnerable to poor developmental and academic outcomes, given that their parents—and possibly the children themselves—fled violence and persecution, often arriving in the United States with little to no economic resources, social networks, or understanding of the country’s language and culture. For these reasons, one … Continue reading
A large majority of Americans seek extra knowledge for personal and work-related reasons. Digital technology plays a notable role in these knowledge pursuits, but place-based learning remains vital to many and differences in education and income are a hallmark of people’s learning activities Most Americans feel they are lifelong learners, whether that means gathering knowledge … Continue reading
The disconnect between productivity and wages really took off with the rise of financialization and cheap technology tools in the early 1980s. Chosen excerpts by Job Market Monitor. Read the whole story at “Free” Trade, Jobs and Income Inequality: It’s Not As Easy As We Might Think | Max Keiser
Time to hit the books again? According to a new CareerBuilder survey, nearly a third (32 percent) of employers have increased their educational requirements over the past five years. More than a quarter (27 percent) are hiring employees with master’s degrees for positions primarily held by those with four-year degrees in the past, and 37 … Continue reading
More people claim at their first opportunity More people claim Social Security at age 62, the earliest opportunity to get benefits, than any other age, according to a study of Social Security data by the Center for Retirement Research at Boston College. Few people wait beyond full retirement age to claim By contrast, only a … Continue reading
To address the youth unemployment crisis, we are committed to increasing the number of young people who get on a pathway to economic success by being college and career ready. To do this, first, we want to transform how states and cities develop career-focused education programs. JPMorgan Chase, the Council of Chief State School Officers … Continue reading
A majority of Americans predict that within 50 years, robots and computers will do much of the work currently done by humans – but few workers expect their own jobs or professions to experience substantial impacts Chosen excerpts by Job Market Monitor. Read the whole story at Future of Workforce Automation: Americans’ Predicitions | Pew Research … Continue reading
Greater income gaps between those at the bottom and middle of the income distribution lead low-income boys to drop out of high school more often than their counterparts in lower inequality areas, suggesting that there is an important link between income inequality and reduced rates of upward mobility, according to a new paper presented today … Continue reading
About 14 million college students are working, according to a new report from the Georgetown University Center on Education and the Workforce (Georgetown Center). For the past 25 years, more than 70 percent of college students have been taking time from their studies to earn a paycheck. Learning While Earning: The New Normal examines these … Continue reading
The shift from pensions to account-type savings plans has been a disaster for lower-income, black, Hispanic, non-college-educated, and single workers, who together add up to a majority of the American population. But even among upper-income white college-educated married couples, many do not have adequate retirement savings or benefits. Chosen excerpts by Job Market Monitor. Read the … Continue reading
Nearly two-thirds (63 percent) of employers reported that they are concerned about the growing skills gap in the U.S.. A new analysis of college degree completions vs. job demand from CareerBuilder and Emsi shows that the next generation of workers won’t be able to fill the void. According to a national Harris Poll survey of … Continue reading
We document a clear downward trend in labor market fluidity that is common across a variety of measures of worker and job turnover. This trend dates to at least the early 1980s if not somewhat earlier. Next we pull together evidence on a variety of hypotheses that might explain this downward trend. It is only … Continue reading
Total nonfarm payroll employment increased by 242,000 in February, and the unemployment rate was unchanged at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment gains occurred in health care and social assistance, retail trade, food services and drinking places, and private educational services. Job losses continued in mining. Household Survey Data In … Continue reading
Two years ago, President Obama issued a bold challenge for America to double the number of registered apprenticeships within five years. The Labor Department has stepped up to the challenge, and the total number of apprenticeships is already up about 20 percent – a dramatic increase that shows employers and workers across the nation are … Continue reading
The government should target encouraging over one million more people over 50 into work by the end of the parliament as part of its full employment drive, the Resolution Foundation says today (Saturday) ahead of a major report into securing full employment. The call comes ahead of the final report next week of the Foundation’s … Continue reading