Job Market Monitor
United States
Workfare in US – Rules suspended during recession are coming back
In the coming months, food stamp work requirements suspended during the Great Recession will be reinstated in at least 17 states, jeopardizing benefits for hundreds of thousands of Americans.In those states, work requirements will be back in place for able-bodied adults who are 18 to 50 years old and have no children. It’s possible the … Continue reading
Deadliest Jobs in US – A good number are outdoors
A good number of the deadliest jobs in the US are done outdoors. Logging, fishing, farming, and construction are just a few of the jobs that are far more deadly than the national rate, of 3.2 deaths per 100,000 full-time-equivalent workers. [Below] are the 11 job categories with the highest fatal injury rates among all the … Continue reading
Job Search in US – It has changed in the aftermath of the Great Recession
The proportion of unemployed individuals who spent some time on an average day searching for a job increased from 20 percent to 24 percent after the recession. However, and perhaps surprisingly, among those unemployed who did search, the average time spent on job search looked very similar in the five years on either side of … Continue reading
US – Disentangling poverty and unemployment
Historically, the poverty rate has moved with the unemployment rate. Since 1970, in fact, the official poverty rate has spiked during each recession. Intuitively, this makes sense—if you lose your job, then you lose access to a steady stream of income. When you find a new job—as people are wont to do in the recovery … Continue reading
Displaced Workers in US – From January 2011 through December 2013, 4.3 million workers were displaced from jobs
From January 2011 through December 2013, 4.3 million workers were displaced from jobs they had held for at least 3 years, the U.S. Bureau of Labor Statistics… This was down from 6.1 million workers for the prior survey period covering January 2009 to December 2011. In January 2014, 61 percent of workers displaced from 2011 … Continue reading
US – Between 1979 and 2013, productivity grew 64.9 percent while hourly compensation of production and nonsupervisory workers grew just 8.0 percent.
The poor performance of American workers’ wages in recent decades—particularly their failure to grow at anywhere near the pace of overall productivity—is the country’s central economic challenge. Indeed, it’s hard to think of a more important economic development in recent decades. It is at the root of the large rise in overall income inequality that … Continue reading
US Demography – Half of Americans single
Single Americans make up more than half of the adult population for the first time since the government began compiling such statistics in 1976. Some 124.6 million Americans were single in August, 50.2 percent of those who were 16 years or older, according to data used by the Bureau of Labor Statistics in its monthly … Continue reading
Unemployment Insurance in US – 1.4 Million foreclosures avoided
An updated tally by Moody’s Analytics shows that 6.5 million homeowners have lost their homes in the housing bust so far. And for most of them, the proximate cause of foreclosure was unemployment. Losing a job meant losing the income to pay the mortgage, while depressed house values meant that struggling homeowners could not tap … Continue reading
US – Growth since the Great Recession has improved the fortunes of the most affluent Fed says
Economic growth since the Great Recession has improved the fortunes of the most affluent Americans even as the incomes and wealth of most American families continue to decline, the Federal Reserve said Thursday. For the most affluent 10 percent of American families, average incomes rose by 10 percent from 2010 to 2013. For the rest … Continue reading
US Workforce Investment Act (WIA) – Positive earnings and employment effects for the adult funding stream and mostly negative estimates for the dislocated worker stream research finds
Our examination of the impacts of receiving WIA training rather than solely core and/or intensive services in two anonymous states has yielded a wealth of important findings both substantive and methodological. We find differences in probabilities of training receipt as a function of race, age and education. Substantial unconditional differences by race largely, but not … Continue reading
US – A majority of workers have new jobs since the end of the recession
Now here is an important fact: the median number of years that current wage and salary workers have been with their current employer is about four and a half. In other words, more than half of current workers have jobs that are new since the end of the recession. A majority of workers have new jobs, some … Continue reading
Participation in US – Ongoing structural influences with some crowding out of job opportunities for young workers research finds
The evidence we present in this paper suggests that much of the steep decline in the labor force participation rate since 2007 owes to ongoing structural influences that are pushing down the participation rate rather than a pronounced cyclical weakness related to potential jobseekers’ discouragement about the weak state of the labor market – in … Continue reading
Employed Foreign-Born in US – 24,639,000, a record number
The number of foreign-born individuals holding jobs in the United States hit a recorded high of 24,639,000 in August, according to data from the Bureau of Labor Statistics (BLS). The BLS has been tracking the number of foreign-born workers annually since 2005 and monthly since 2007. The BLS does not distinguish between foreign-born individuals who … Continue reading
Freelancers in US – 53 million or 34% of the population
According to a survey released this week by the Freelancers Union together with freelance platform Elance-oDesk, 53 million Americans, or 34% of the population, qualify as freelancers. Not all of them make their living exclusively as freelancers. The number includes 14.3 million workers who would be called “moonlighters”—people who have a primary, traditional job that … Continue reading
The Job Gap in US – 5.6 million jobs as of August 2014 finds The Hamilton Project
Each month, The Hamilton Project calculates America’s “jobs gap,” or the number of jobs that the U.S. economy needs to create in order to return to pre-recession employment levels while absorbing the people who newly enter the labor force each month. As of the end of August 2014, our nation faces a jobs gap of … Continue reading
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