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Workforce Development in US – Fed’s Capstone Conference 2017
Investments for workforce development require a foundation of institutional supports that will ensure accountability. This panel, representing diverse perspectives from the public, private and nonprofit sectors, will explore the institutions, policies and norms needed to establish, reinforce and facilitate new and increased investments. via Investing In America’s Workforce 2017 – YouTube Advertisements
Wages of New Hires in US – Stronger growth for women compared to men
There is substantial interest in measuring not just the quantity of new jobs but the quality as well. Existing surveys by the Bureau of Labor Statistics describe the number of new jobs created each month, as well as wages of incumbent workers, but not wages (or other characteristics) of newly created jobs. This paper aims … Continue reading
Service Sector Basic Skills Gap in US – 62% of workers have limited literacy skills, and an even higher 74% have limited numeracy skills.
Across the United States, millions of men and women with limited reading, math, or digital problem-solving skills are holding down jobs across the service sector. Employed in retail shops and restaurants, hotels and hospitals, these workers not only help fuel the country’s economy — they keep daily life in America humming smoothly along. In the … Continue reading
Job Report in US, September 2017 – Employment down by 33,000 after hurricanes
The unemployment rate declined to 4.2 percent in September, and total nonfarm payroll employment changed little (-33,000), the U.S. Bureau of Labor Statistics reported today. A sharp employment decline in food services and drinking places and below-trend growth in some other industries likely reflected the impact of Hurricanes Irma and Harvey. Chosen excerpts by Job … Continue reading
Labor Force Participation in US – Has fallen more in areas where relatively more opioid pain medication is prescribed
The labor force participation rate in the U.S. has declined since 2007 primarily because of population aging and ongoing trends that preceded the Great Recession. The participation rate has evolved differently, and for different reasons, across demographic groups. A rise in school enrollment has largely offset declining participation for young workers since the 1990s. The … Continue reading
US – What reasons are given for nonparticipation in the labor force?
While a comprehensive explanation of labor force nonparticipation is outside the scope of this paper, we can gain some insight from self-reported reasons for being out of the labor force.2 In figure 3, we describe the reasons that prime-age men and women give for their nonparticipation. (The percentage in each category is out of the … Continue reading
August 2017 Job Report in US – Disappointing with total nonfarm payroll employment increased by 156,000
Total nonfarm payroll employment increased by 156,000 in August, and the unemployment rate was little changed at 4.4 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in manufacturing, construction, professional and technical services, health care, and mining. Household Survey Data In August, the unemployment rate, at 4.4 percent, and the number … Continue reading
Union Members in US – Who are they?
As Labor Day approaches, we honor the labor leaders and working people throughout history who have fought for labor protections and a voice on the job. In 2017, unions continue to fight for labor standards and higher wages in traditionally unionized sectors, like manufacturing, along with new industries, like digital journalism. Today’s unions are diverse. … Continue reading
Indian Immigrants in US – 2.4 million in 2015
Immigrants from India first arrived in the United States in small numbers during the early 19th century, primarily as low-skilled farm laborers. In recent decades the population has grown substantially, with 2.4 million Indian immigrants resident in the United States as of 2015. This makes the foreign born from India the second-largest immigrant group after … Continue reading
Financing Workforce Development in US – Communities will have to develop programs that respond to needs
Workforce development financing has changed significantly over the last 25 years. In 2008, federal funding for the traditional workforce development system was 83 percent lower in real terms than it had been in 1980. As the federal system plays a smaller role in workforce development financing, the job training landscape better represents a “marketplace” where … Continue reading
Degree Reclamation in US – 35 million aged 25 years and older have “some college, no degree”
MILLIONS OF AMERICANS have attended college, accruing significant amounts of college credit, without ever receiving a college credential that appropriately recognizes their learning and effort. In 2015, there were more than 35 million such Americans aged 25 years and older, a group widely recognized as having “some college, no degree.” Millions of Americans enter higher … Continue reading
US – Who is out of the labor force?
In this analysis, we explore the following questions about the approximately 24 million men and women of prime working age who were not in the labor force in 2016. Key findings are: Women with a high school education or less are overwhelmingly the largest group of Americans out of the labor force. After excluding caregivers … Continue reading
US – The national jobs gap relative to November 2007 has been closed in July 2017
With [July] employment report, we can report that the national jobs gap relative to November 2007 has closed (see figure 1). This indicates that, by our calculations, nearly a full decade after the start of the recession, employment has returned to its demographically adjusted pre-recession level. This does not mean that all harm to the … Continue reading
Alternative Work Arrangements in US – From 10.1 percent in 2005 to 15.8 percent in 2015
To monitor trends in alternative work arrangements, we conducted a version of the Contingent Worker Survey as part of the RAND American Life Panel (ALP) in late 2015. The findings point to a significant rise in the incidence of alternative work arrangements in the U.S. economy from 2005 to 2015. The percentage of workers engaged … Continue reading
Job Report in US, July 2017 – Employment increased by 209,000
Total nonfarm payroll employment increased by 209,000 in July, and the unemployment rate was little changed at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in food services and drinking places, professional and business services, and health care. Household Survey Data Both the unemployment rate, at 4.3 percent, and the number … Continue reading
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