Job Market Monitor
United States
US-China / The first ever AFL-CIO president to make the trip
China has been something of a problem for the American labor movement over the past, oh, half century: It\’s absorbed hundreds of thousands of formerly American jobs, playing a big role in the collapse of U.S. manufacturing. During that time, no sitting AFL-CIO president has seen fit to pay a visit — until this past … Continue reading
From the fiscal cliff to sequestration / Cost about 900,000 jobs lost … and the potential for another recession
From the fiscal cliff to sequestration to the current shutdown debt ceiling debate: What\’s the cost of the U.S. government careening from crisis to crisis? About 900,000 jobs lost … and the potential for another recession. That’s the conclusion of a new report prepared by research firm Macroeconomic Advisers for the Peter G. Peterson Foundation. … Continue reading
US / 47 per cent of working now expect to retire later survey finds
Stung by a recession that sapped investments and home values, but expressing widespread job satisfaction, older Americans appear to have accepted the reality of a retirement that comes later in life and no longer represents a complete exit from the workforce. Some 82 per cent of working Americans over 50 say it is at least … Continue reading
Law Jobs in the US right now / 39,892 reports LawCrossing
News concerning law firm layoffs, the grim employment scenario for law school graduates and reduction in the hourly legal fees of attorneys had disappointed many legal career aspirants. But, the latest job search on LawCrosing.com offers a ray of hope to jobless law degree holders, looking for placements in the legal sector. The leading legal … Continue reading
US Financial Crisis and Recession / Five decades of evidence : How long? How deep?
Findings suggest recessions in such circumstances are much costlier and slightly longer Continue reading
US / In 2012 only 15 percent of black male teens and 49 percent of those 20 to 24 were working
These young men represent a tremendous pool of potential talent that deserves the opportunity to rise to greater heights in the labor market and overcome the barriers that constrained the progress of past generations. Continue reading
US / Unemployment Extended Benefits Ending
The only benefits unemployed workers will be eligible for is up to 26 weeks of state unemployment. Continue reading
US / Creating Jobs Is Key to Improving Economy survey finds
Job creation and hiring top Americans’ list of what federal gov’t, businesses can do As lawmakers in Washington focus on opening the government after the Oct. 1 partial shutdown, raising the debt limit, and debating the merits of the Affordable Care Act, Americans say creating jobs is the most important way for the federal government … Continue reading
US / A map of the maximum number of weeks of benefits currently available in each state
The total number of weeks of benefits available in any particular state depends on the unemployment rate and unemployment insurance laws in the state where the person worked Continue reading
Retiring in US / Drops to No. 11 in Global Retirement Rankings
The 2013 edition of the Melbourne Mercer Global Pension Index (PDF), a ranking of national retirement systems around the world, has the U.S. ranked 11th, down two slots from last year Continue reading
Mothers in US / More fatigued than dads
For the first time, the survey is asking parents how they feel about that. Mothers, they found, feel exhausted Continue reading
US / Almost 34,000 Government Workers Apply for Unemployment | Washington Free Beacon
Nearly 34,000 federal workers applied for unemployment benefits in the first week of the shutdown, according to government agencies Continue reading
Fed Nomination / Obama Praises Yellen
President Obama on Wednesday announced what he called perhaps his most important economic decision, nominating Janet L. Yellen to lead the Federal Reserve system and be his independent co-steward of the economy, calling her “one of the nation’s foremost economists and policy makers.” Ms. Yellen, 67, would be elevated from the Fed’s vice chairwoman to … Continue reading
Canada / Encourage Americans to head north and fill skilled positions says Conference Board
That’s the recommendation of a new that makes some interesting points while coming to what some may consider a controversial conclusion Continue reading
US / 25% of all new jobs since 2010 fall in the mid-wage range, 46% in the low
Middle-skill jobs are in the same camp as green jobs, STEM jobs, and other groups of occupations that garner lots of attention: They can be defined many ways, by many rubrics. Regardless of the definition, however, it’s clear that middle-skill, or middle-wage, jobs have been in decline for years. New research from the Federal Reserve indicates … Continue reading
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