Job Market Monitor
United States
Solar Jobs in US – Up 22% in 2014
U.S. solar companies boosted their employee rolls by 22 percent last year, and now employ 86 percent more workers than they did in 2010, driven by rising demand in the world’s third-largest market. Almost 174,000 people are working in the U.S. solar industry, compared with 143,000 in 2013 and 93,500 in 2010, according to a … Continue reading
Gender Pay Gap in US – On average in 2013, women made 82 percent of the median weekly earnings of male full-time wage and salary workers BLS finds
In 2013, women who were full-time wage and salary workers had median usual weekly earnings of $706. On average in 2013, women made 82 percent of the median weekly earnings of male full-time wage and salary workers ($860). In 1979, the first year for which comparable earnings data are available, women earned 62 percent of … Continue reading
US College Admissions Process – Selling Students to the Highest Bidders
The U.S. college admissions process is expensive and stressful, for everyone from high-achieving high school students to first-generation adult learners. It is also surprisingly ineffective — only about 30% of students headed to a four-year college graduate from that college within six years (about 40% take longer or don’t graduate at all, and about 30% … Continue reading
US – Job Openings increase to highest level since 2001
Job openings climbed in November to the highest level in almost 14 years as the strengthening U.S. economy fueled demand for labor. The number of positions waiting to be filled rose by 142,000 to 4.97 million in November, the most since January 2001, a report from the Labor Department showed today. The pace of hiring … Continue reading
Education in US – The earning gap has grown more for those who have earned a post-graduate degree Federal Reserve Bank San Francisco finds
The earnings gap between people with a college degree and those with no education beyond high school has been growing since the late 1970s. Since 2000, however, the gap has grown more for those who have earned a post-graduate degree as well. The divergence between workers with college degrees and those with graduate degrees may … Continue reading
US – Unemployment has not recovered in 95 percent of county economies to pre-recession levels
County economic trends are an essential measure of the well-being of county residents. The conditions of a county economy can constrain and challenge county governments, residents and businesses, while also providing opportunities. This analysis of county economic conditions identifies patterns of growth and recovery in 2014 across the 3,069 county economies by examining annual changes in … Continue reading
TI at the Workplace in US – 46% Feel more productive Pew Research Center finds
The internet and cell phones have infiltrated every cranny of American workplaces, and digital technology has transformed vast numbers of American jobs. Work done in the most sophisticated scientific enterprises, entirely new technology businesses, the extensive array of knowledge and media endeavors, the places where crops are grown, the factory floor, and even mom-and-pop stores … Continue reading
Social Media in 2014 in US – Facebook remains by far the most popular, Twitter and LinkedIn saw significant increases Pew Research Center finds
In a new survey conducted in September 2014, the Pew Research Center finds that Facebook remains by far the most popular social media site. While its growth has slowed, the level of user engagement with the platform has increased. Other platforms like Twitter, Instagram, Pinterest and LinkedIn saw significant increases over the past year in … Continue reading
US Job Report – A strong December result and the best year for the labor market since 1999
Total nonfarm payroll employment rose by 252,000 in December, and the unemployment rate declined to 5.6 percent, the U.S. Bureau of Labor Statistics reported today.Job gains occurred in professional and business services, construction, food services and drinking places, health care, and manufacturing. Household Survey Data The unemployment rate declined by 0.2 percentage point to 5.6 … Continue reading
Highly-Skilled Migration in US – LinkedIn data show a decrease, from 2000 to 2012, in the percentage of professional migrants, worldwide
There is a large body of literature, mainly in the disciplines of sociology, demography, economics, and geography, about international migration, and, more specifically, highly-skilled migration. It is beyond the scope of this article to discuss theories of migration and the rich and healthy debate about them. With this article we emphasize an outstanding problem in … Continue reading
US – Good signs for Job Report : Jobless Claims Drop and Private sector employment increased by 241,000 jobs says ADP
Fewer Americans filed for unemployment benefits last week as labor-market tightening compelled employers to hold on to seasonal hires. Jobless claims decreased by 4,000 to 294,000 in the week ended Jan. 3, the Labor Department said today in Washington. The median forecast of 45 economists surveyed by Bloomberg called for a decline to 290,000. Chosen … Continue reading
US – Understanding social mobility
Brookings Fellow Richard Reeves explores inequality and opportunity in America with Legos, using them to explain the chances for economic success of Americans born at the bottom of the economic ladder. Reeves shows the chances that the poorest fifth of Americans have to rise to the top, based on their race, the marital status of … Continue reading
Finding a Job in US – A marked improvement in the full-time finding rate over the last year Atlanta FED finds
if you were an unemployed prime-age individual (25–54 years old) or working PTER one year ago, what are you doing today? Have your chances of becoming employed full-time improved? Chart 1 shows the distribution of labor market outcomes of prime-age workers who were PTER one year earlier. Chart 2 shows the distribution of outcomes for … Continue reading
US – A major slowdown in real wage growth
[T]he data of figure 1 clearly document a major slowdown in real wage growth. It is largely the product of poor productivity performance over the past decade, but that may not be surprising in view of the enormous economic losses that were precipitated by the financial crises. Nor is it unprecedented if the ICT revolution … Continue reading
The Jobs Gap in US – With job growth at a healthy level of 300,000 a month, employment will be back at prerecession levels around the time of the 2016 election
After months of disappointing job reports, the country is finally seeing some promising numbers as the fragile recovery grows stronger. But a number of challenges continue to hold many poor and middle-class Americans back. Here are ten facts to keep in mind for 2015 and beyond. 1. Because the population and labor force are growing, … Continue reading
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