Job Market Monitor
US
Covid and Young Adults in US – 52% are living with their parents
The share of 18- to 29-year-olds living with their parents has become a majority since U.S. coronavirus cases began spreading early this year. Chosen excerpts by Job Market Monitor. Read the whole story @ 52% of young adults in US are living with their parents amid COVID-19 | Pew Research Center
Racial Identity in US – A measurable, significant, and persistent predictor of labor market outcomes
According to the Center for Assessment and Policy Development, racial equity is the condition that would be achieved if one’s racial identity no longer predicted, in a statistical sense, how one fares. In reality, statistical analysis often reveals that racial identity is a measurable, significant, and persistent predictor of labor market outcomes. Let’s pause and … Continue reading
Covid and Higher Education Students in US – 51% of currently enrolled students report that COVID-19 is “very likely” or “likely” to impact their ability to complete their degree
Higher education has faced unprecedented challenges amidst COVID-19. Throughout 2020, many students have transitioned between in-person and remote learning as schools continue to navigate the pandemic. In the fall of 2020, Lumina Foundation and Gallup partnered to survey 2,064 students currently pursuing their associate degree and 3,941 pursuing their bachelor’s degree and assessed: How has … Continue reading
Immigrants in US – Key charts and facts from 1980 to 2018
Key charts and statistics about immigrants in the United States from 1980 to 2018. Source: Immigrants in America: Key Charts and Facts | Pew Research Center
Covid and Unemployment in US – Broader measures of labor market underutilization
We know that tens of millions of people are currently out of work in the United States. More than 26 million workers filed for unemployment benefits between mid-March and mid-April alone. The most popular measure of the strength of the labor market is the unemployment rate. Forecasts for how much it will rise in the … Continue reading
Weekly UI Claims in US (week ending January 9) – 965,000, an increase of 181,000 from the previous week
In the week ending January 9, the advance figure for seasonally adjusted initial claims was 965,000, an increase of 181,000 from the previous week’s revised level. The previous week’s level was revised down by 3,000 from 787,000 to 784,000. The 4-week moving average was 834,250, an increase of 18,250 from the previous week’s revised average. … Continue reading
Job Report in US (December 2020) – Employment declined by 140,000 and the unemployment unchanged at 6.7
Total nonfarm payroll employment declined by 140,000 in December, and the unemployment rate was unchanged at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. The decline in payroll employment reflects the recent increase in coronavirus (COVID-19) cases and efforts to contain the pandemic. In December, job losses in leisure and hospitality and in … Continue reading
Job Report in US (November 2020) – Employment rose by 245,000 and unemployment edged down to 6.7
Total nonfarm payroll employment rose by 245,000 in November, and the unemployment rate edged down to 6.7 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflect the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it. However, … Continue reading
UI Weekly Claims in US (Week ending November 21) – 778,000, an increase of 30,000 from the previous week’s
In the week ending November 21, the advance figure for seasonally adjusted initial claims was 778,000, an increase of 30,000 from the previous week’s revised level. The previous week’s level was revised up by 6,000 from 742,000 to 748,000. The 4-week moving average was 748,500, an increase of 5,000 from the previous week’s revised average. … Continue reading
Productivity and Wages in US – They aren’t keeping up
While net productivity has continued to increase by an expected 70%, hourly compensation in the country is less than a fifth of that at just 12%. The growth in productivity has more than doubled that of hourly compensation for U.S. workers since 1948. With net productivity in the country growing by roughly 253 percent in … Continue reading
Work-Based Learning in US – Expanding high-quality
This Policy Brief defines the types of experiences on a work-based learning continuum and the challenges for maintaining quality in these programs. It also identifies five policy considerations for fostering high-quality work-based learning, based on a set of principles created through experience in the field. This brief, authored by Jobs for the Future, is part … Continue reading
UI Weekly Claims in US (week ending November 7) – 709,000, a decrease of 48,000 from the previous week’s revised level
SEASONALLY ADJUSTED DATA In the week ending November 7, the advance figure for seasonally adjusted initial claims was 709,000, a decrease of 48,000 from the previous week’s revised level. The previous week’s level was revised up by 6,000 from 751,000 to 757,000. The 4-week moving average was 755,250, a decrease of 33,250 from the previous … Continue reading
Unemployment Insurance In US – Extending benefits to workers in precarious and and nonstandard jobs
Many fear that rapid technical change is raising the rate at which workers are displaced from their jobs, as machines take over many tasks once performed by humans (Brynjolfsson and McAfee, 2014). By shifting the locus of production of many goods from advanced economies to emerging and developing ones, globalization also has contributed to worker … Continue reading
Covid and Labor Earnings in US – $254 billion in lost aggregate earnings losses entirely concentrated among individuals who lost their complete labor incomes due to job loss
Using data from the Current Population Survey (CPS), the ofcial source of labor market statistics in the United States, and implementing a regression approach in order to isolate the impact of the pandemic from seasonal and annual patterns, we fnd that weekly labor earnings per adult fell by nearly $100 between February and April, with … Continue reading
Job Report in US (October 2020) – Employment rose by 638,000 and the unemployment declined by 1.0 percentage point to 6.9
Total nonfarm payroll employment rose by 638,000 in October, and the unemployment rate declined to 6.9 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflect the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it. In October, … Continue reading
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