Job Market Monitor
United States
US / A Jobs Recovery ? Charts
The recession ended four years ago. Bur the recovery is slow. Charts Continue reading
US / Those on Food Stamps Outnumber the Entire Population of Spain
47.7 million Americans are now on some form of food stamps. There are more individuals on food stamps in the U.S. economy than the entire population of Spain—46.17 million Continue reading
US / 36% ‘mal-employment’ rate for college grads
More than a third of recent college grads with jobs are working in positions that don’t require a degree. The “mal-employment” rate, and right now it tops 36% for college-educated workers under the age of 25. Continue reading
US / 2.1 million artists in the labor force: the National Statistics about Working Artists
What do we know about the 2.1 million artists in the United States’ labor force? To help answer that question, the NEA today released “Equal Opportunity Data Mining: National Statistics about Working Artists.” Continue reading
US Highly-Skilled Immigration / Some Myths
We’re not seeing the full picture around highly-skilled immigration. To get there, we need to better understand and debunk myths around three key issues: labor mobility, wages, and the rate of invention. Continue reading
US / Labor Shortages Could Constrain Housing Growth says Fitch
Labor shortages in the homebuilding industry could constrain new housing growth during the recovery, according to Fitch Ratings Continue reading
US/ Volunteering for young people might not an effective way to get to employment research finds
With inconclusive findings, more analysis is needed to determine whether volunteering is an effective way to increase human capital, build a professional network and signal employability to employers for young people entering the labor market during an economic recession Continue reading
US / Retirement / 45 % of all working-age households don’t hold any retirement account assets
A new report from the National Institute on Retirement Security, based on analysis of the 2010 Survey of Consumer Finances, shows that about 45 percent of all working-age households don’t hold any retirement account assets, whether in an employer-sponsored 401(k) type plan or an individual retirement account Continue reading
US / 76% living paycheck-to-paycheck
Roughly three-quarters of Americans are living paycheck-to-paycheck, with little to no emergency savings, according to a survey released by Bankrate.com Monday Continue reading
US / Not All College Degrees are created Equal – College Majors, Unemployment and Earnings
It Still Pays to Earn a College Degree But Not All College Degrees are created Equal
In the past, a college degree all but assured job seekers employment and high earnings, but today, what you make depends on what you take. In Hard Times 2013, we show differences in unemployment and earnings based on major for BA and graduate degree holders. Continue reading
US Navy / 745 Civilians Layoffs
The Navy Installations Command on Wednesday announced that it would undertake a reduction in force for 745 civilian positions Continue reading
US / The critical role of the humanities and social sciences for a vibrant democracy
« As we strive to create a more civil public discourse, a more adaptable and creative workforce, and a more secure nation, the humanities and social sciences are the heart of the matter, the keeper of the republic—a source of national memory and civic vigor, cultural understanding and communication, individual fulfillment and the ideals we hold in … Continue reading
US / Hiring still depressed
Goldman Sachs economist David Mericle explains the importance of this seemingly minor indicator to Fed deliberations on monetary policy: The hiring rate is one of the key indicators for the labor market outlook. The hiring rate dropped sharply during the recession and the layoffs rate spiked. In the last couple of years, the layoffs rate … Continue reading
Undermatching: academically capable low-income and minority students who do graduate from high school and are well prepared for college who do not succeed
“It has become a truism and a rare example of political consensus: Educators, researchers, and policymakers across the political spectrum agree that America must send more of its young people to college and must find ways to help them graduate” writes Jay Sherwin in Make Me a Match: Helping Low-Income and First-Generation Students Make Good College Choices … Continue reading
US / Trends in Employment Rates by Educational Attainment (video)
The employment to population ratio, also referred to as the employment rate, represents the proportion of the civilian population that is employed, and it is used as a measure of labor market conditions and the economy’s ability to provide jobs for a growing population. In this indicator, employment to population ratio and employment rate are … Continue reading
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