The most recently available data from the U.S. Bureau of Labor Statistics show women above the age of 35 typically make less than 80% the salary of their male counterparts. Among younger workers it is a bit better, but still unequal, with women aged 16 to 34 making about 90 cents to every dollar paid … Continue reading
The number of Americans filing new applications for unemployment benefits last week fell to its lowest level in more than 41-1/2 years, suggesting job growth remained solid despite slowing in June. Initial claims for state unemployment benefits declined 26,000 to a seasonally adjusted 255,000 for the week ended July 18, the lowest level since November … Continue reading
I am pleased to be here today to address an important topic for understanding the health of the labor market and the economy overall: the labor force participation rate, which currently stands at 62.6 percent. The continued decline of the unemployment rate since 2010 is the most commonly cited piece of evidence that the labor … Continue reading
The U.S. economy is looking quite good. Growth is on a solid trajectory, and the FOMC’s maximum employment goal is in sight. Risks from abroad are unlikely to overturn strong U.S. fundamentals. Still, the exact timing of an initial interest rate increase will depend on convincing evidence that inflation is heading back toward target. The … Continue reading
This anonymous interview is with an academic librarian who has been a member of a hiring or search committee. This person hires the following types of LIS professionals: Subject specialists, research librarians, catalogers, digital librarians, archivists. This librarian works at a library with 10-50 staff members in a rural area in the Northeastern US. Approximately … Continue reading
74% of respondents experienced increased on-campus recruiting this year compared to the same time last year; 11% experienced a decrease. The strongest increase in recruiting activity was seen in the Consulting industry. MBA CSEA surveys our school members twice per year to gauge the status of MBA recruiting at their schools compared to the previous … Continue reading
Over the past decade, WordPress has become the premier content management system (CMS) and publishing platform on the web today. Whether it’s used for personal blogs or corporate websites, WordPress is equipped to meet almost anyone’s needs and helps brands of all sizes become world-class publishers. And its flexibility has paid off: today, WordPress occupies … Continue reading
Five years after the height of the recession, it has become abundantly clear that the reports of BigLaw’s death were greatly exaggerated. The associate market reached a new zenith during the recently concluded second quarter. Using an ARIMA model, (autoregressive integrated moving average model) we projected a forecast that the associate market should roughly conform … Continue reading
Vocational education is changing, but many still see it as something only low-income, mostly minority students are pushed into and an option that upper class students and white students wouldn’t be encouraged to take. As academics and authors on national education trends point out, when our society devalues anything that isn’t academic prep work and … Continue reading
The July 2015 NABE Business Conditions Survey report presents the responses of 112 NABE members and selected other industry economists to a survey on business conditions in their firms or industries conducted June 17-July 1, 2015, and reflects second-quarter 2015 results and the near-term outlook. • The share of survey respondents reporting increased employment at … Continue reading
Graduating into a recession stunts the careers of the young men and women entering the labor market. But it turns out a lot of students don’t sit back and passively accept this outcome: Many students who see a recession during their early college years switch to majors with better job prospects. According to new research from Benjamin … Continue reading
Democrats in Congress often lament the fact that full-time working women in the United States earn 78 cents for every dollar men earn, but less attention is paid to the much wider and harder-hitting income gap for women in retirement. According to a report Sen. Patty Murray (D-Wash.) released Thursday, the average total income of … Continue reading
In May 2014, there were 11.8 million workers employed in healthcare practitioner, technical, and support occupations. Among those, 2.7 million were registered nurses, the largest occupation. Anesthesiologists earned the most, with an average annual wage of $246,320. Among healthcare support occupations in May 2014, there were 1.4 million nursing assistants. The average annual wage for nursing … Continue reading
Share of long-term unemployed reached a record high in 2010 The long-term unemployed are people who have been looking for work for 27 weeks or longer. After expanding for 3 consecutive years, the number of long-term unemployed reached a record high of 6.7 million—or 45.1 percent of the unemployed—in the second quarter of 2010. Since … Continue reading
Since my appearance before this Committee in February, the economy has made further progress toward the Federal Reserve’s objective of maximum employment, while inflation has continued to run below the level that the Federal Open Market Committee (FOMC) judges to be most consistent over the longer run with the Federal Reserve’s statutory mandate to promote … Continue reading