Job Market Monitor
United States
Mortgage Jobs in US / Over 15,000 Lost in Third Quarter
It was the worst quarter since before the financial crisis for mortgage employment, which declined by more than 15,000 jobs. Even bigger losses are ahead. Continue reading
Outsourcing at US airport / 26 percent in 2011 says a report
According to the study, this trend poses problems for workers, the communities surrounding airports and the flying public Continue reading
UI Extension in the US / 1.3 million people to lose access to an emergency program
Unless Congress acts, during the last week of December an estimated 1.3 million people will lose access to an emergency program providing them with additional weeks of jobless benefits. A further 850,000 will be denied benefits in the first quarter of 2014 Continue reading
Apprenticeships in US / Can lead to good jobs
Instead of racking up debt while going to college, apprentices start earning money within their first year in the classroom Continue reading
US / Efforts to boost hiring an “imperative” says Yellen at a hearing
Fed Vice Chair Janet Yellen on Thursday robustly defended the Federal Reserve’s bold steps to spur economic growth, calling efforts to boost hiring an “imperative” at a hearing into her nomination to become the first woman to lead the U.S. central bank Continue reading
US / Top 100 Military Friendly Employers
This list ranks the best Military Friendly Employers in order from 1 to 100 Continue reading
US / Jobless claims fall, but datat for the prior week were revised upward
Initial claims for state unemployment benefits fell 2,000 to a seasonally adjusted 339,000, the Labor Department said on Thursday. Claims for the prior week were revised to show 5,000 more applications received than previously reported Continue reading
US Aerospace Industry / The silver tsunami (the aging of population) will hit
The so-called silver tsunami — the aging of the country’s population — will hit the aerospace industry especially hard. It received an influx of workers in the Apollo era, when the country’s space program was shooting for the moon and generating buzz. Cuts to that program in the mid- to late-1970s and 1980s, plus the … Continue reading
US Recent Veterans / A Struggle With Unemployment
The most recent detailed report on veterans’ employment situation noted that younger vets had higher unemployment rates than their counterparts who had never served in the military. Continue reading
Reshoring in US / How Walmart says it will do
In January 2013 at the National Retail Federation’s annual convention Bill Simon, President, Walmart US, promised to bring back manufacturing to the United States. He promised that in 10 years $50 billion in goods would again be produced in the United States. Continue reading
US / International students supported 313,000 jobs in the 2012-2013 academic year
International students in the United States and their families supported 313,000 jobs and contributed US$24 billion to the economy in the 2012-2013 academic year according to the latest estimates by NAFSA: Association of International Educators Continue reading
US / More prisoners than high school teachers
If sitting in a prison cell was a job, it would be one of the most common jobs in the United States. In 2012, there were some 1,570,000 inmates in state and federal prisons in the U.S., according to data from the Justice Department. By contrast, there were about 1,530,000 engineers in America last year, … Continue reading
Unemployment Insurance Extensions in US / 310,000 Jobs lost in 2014 if they expire finds the Economic Policy Institute
Federally funded extended unemployment insurance (UI) benefits are set to expire at the end of this year. These benefits serve two very useful public purposes. Most obviously, they provide a lifeline to the long-term unemployed and their families during the deepest and longest economic downturn since the 1930s.1 Less understood but equally crucial, the UI … Continue reading
US / The steady-state unemployment rate stands currently at 6.7 percent
The actual unemployment rate converges toward this steady state UR Continue reading
US / Federal regulations have created 227,500 jobs in compliance industry
A growing thicket of federal regulations under the Obama administration has contributed to an employment spike in at least one corner of the job market: the increasingly vital compliance industry Continue reading
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