Source: The Graying of America: Youngest Boomers Turn 50 This Year – Real Time Economics – WSJ.
The map and chart below show how close each state’s new minimum wage comes to reaching a living wage, meaning one in which a worker can cover food, housing, utilities and other basic expenses. In some cases it\’s not very far at all: Many of the states that raised their wage floors Wednesday still have … Continue reading
In the week ending December 28, the advance figure for seasonally adjusted initial claims was 339,000, a decrease of 2,000 from the previous week’s revised figure of 341,000. The 4-week moving average was 357,250, an increase of 8,500 from the previous week’s revised average of 348,750. The advance seasonally adjusted insured unemployment rate was 2.2 … Continue reading
Electrolux will expand its North American headquarters in Charlotte, NC., and expects to add 810 jobs in the state in the coming years. It will be the second expansion at the location in three years. The appliance maker will invest $85 million in a 20-year lease agreement, part of the development of a second building … Continue reading
Editor’s Note: We know what is unemployment insurance. It covers for unemployment. That said, it is also the price we pay to keep the unemployed active. And when the price of something falls, you get less of it on the market. This is what might happen with the end of the ‘extensions’: less active jobless persons … Continue reading
Who lost benefits? Anyone who has been collecting unemployment for more than 26 weeks loses benefits, roughly 1.3 million people immediately. Several million more people are expected to hit the limit over the course of the next year; they would lose benefits at that point. The Obama administration estimates that by the end of 2014, … Continue reading
More than one in seven between age 16 and 24 can’t find any job, full or part-time. For African Americans in that age group, it’s more than one in four. Continue reading
Twenty years ago, the Family and Medical Leave Act, or FMLA, was signed into law. Without downplaying the historical significance of the FMLA’s guarantee of job-protected leave for a majority of U.S. workers, it had a limited impact on the frequency of parental leave and no impact on the likelihood that parental leave is paid Continue reading
Initial claims for state unemployment benefits decreased 42,000 to a seasonally adjusted 338,000, the Labor Department said on Thursday Continue reading
The main reasons for the workforce decrease was the lack of demand for laborers during the economy’s downturn in 2009 Continue reading
Nearly seven-in-ten (69%) say it is more important to maintain current Social Security and Medicare benefits than to reduce the deficit, while 59% prioritize keeping current levels of spending for programs that help the poor and needy over deficit reduction Continue reading
Today’s labor market provides the strongest case for extending UI benefits. It has always been harder to find work the longer you are unemployed, but the situation facing today’s workers is exceptional Continue reading
Even in today’s recovering economy, education has retained its high value and is still the strongest step you can take in your career Continue reading
the Bureau of Labor statistics report from 2010 that there are 5.6 million professionals in the United States who work in HR Continue reading
BMW’s plant in Greer, S.C., is its only one in the United States. The company offers a program called BMW Scholars that allows young workers to study at technical colleges and work Continue reading