US

This tag is associated with 1664 posts

Two Recessions and Recoveries in US – The trajectories side-by-side

The Great Recession of 2007-2009 was one of the deepest downturns of the U.S. economy since World War II. Triggered by crises in the housing and financial markets, the recession evokes memories of homes in foreclosure, the collapse of Lehman Brothers, and bailouts for businesses in the auto, banking and financial sectors. The subsequent expansion began … Continue reading

Skills in US – Talent is America’s most precious resource

In his recent book, The Gift of Global Talent, Harvard economist William R. Kerr argues that talent is the world’s most precious resource. Across America’s network of regional economies, this is undoubtedly true. The collective knowledge and capabilities of the U.S. workforce is worth an estimated $240 trillion—four times more valuable than the country’s physical … Continue reading

Job Report in US (November 2019) – Employment rose by 266,000, much better than expected

Total nonfarm payroll employment rose by 266,000 in November, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in health care and in professional and technical services. Employment rose in manufacturing, reflecting the return of workers from a strike. Household Survey Data … Continue reading

The Skills Gap in US – A look at the skill gap skeptics arguments

There can be no question that American employers have a record number of unfilled jobs. For the past year, the number has hovered around 7 million. As of early January 2019, the number reported by the U.S. Department of Labor Bureau. Faced with real numbers, skill gap skeptics make several arguments besides denying the validity … Continue reading

Training in US – The 2019 Training Industry Report

TRAINING EXPENDITURES Total 2019 U.S. training expenditures—including payroll and spending on external products and services—declined 5.3 percent to $83 billion. Spending on outside products and services dipped from $11 billion to $7.5 billion, while other training expenditures (i.e., travel, facilities, equipment) decreased to $23.8 billion from $29.6 billion. Meanwhile, training payroll increased 10 percent to … Continue reading

The Training System in US – Complicated, hard to navigate, and under-funded

The American job training, or human capital development, system is complicated, hard to navigate, and under-funded. Yet at the same time it has significant strengths and many best practice and effective models. The United States does not have a training system for adults if what is meant by the term “system” is a well-articulated set … Continue reading

Increasing the Federal Minimum Wage – An interactive tool that allows users to explore the effects of policies by CBO

The federal minimum wage of $7.25 per hour has not changed since 2009. Increasing it would raise the earnings and family income of most low-wage workers, lifting some families out of poverty—but it would cause other low-wage workers to become jobless, and their family income would fall. This interactive tool allows users to explore the … Continue reading

Immigration in US – Labor force growth is currently one-third of its recent historical average

What role can immigration play in bolstering future workforce and economic growth, and meeting shifting demand for both high- and low-skilled labor? Although the U.S. economy had a banner year in 2018, posting 3 percent gross domestic product (GDP) growth, the long-run projections are not nearly as bright. GDP growth is anticipated to average less … Continue reading

Low-Wage Workers in US – More than 53 million people, 44% of all workers aged 18-64 says Brookings study

Jobs play a central role in the lives of most adults. As forces like globalization and automation reshape the labor market, it is clear that some people and places are positioned to do well while others risk becoming collateral damage. The well-educated and technically savvy find ample employment opportunities, while those with lower levels of … Continue reading

Unemployment in US – Let’s talk stats, facts, causes and more

Guess post by Max Chekalov, whattobecome.com – The unemployment rates of the world population are fairly low, especially if we consider the leading countries. However, even these economies constantly take vast measures in terms of preventing this uncalled-for phenomenon that troubles millions of people worldwide. The number of people on our planet is changing by billions at … Continue reading

US – Few rigorous evaluations exist to measure the success of government-funded training programs the Council of Economic Advisers says

For the first time since the Government began tracking job openings nearly 20 years ago, there are more job openings in the United States than unemployed people looking for work. In fact, there are over 1.6 million more job openings than unemployed people. Because of the Trump Administration’s pro-growth policies, the American worker is in … Continue reading

Wages in US – What is really happening ?

Over the past 12 months, average hourly wages rose 3.2 percent, according to the latest jobs report from the Bureau of Labor Statistics. But the longer-term story is contested. Many analysts and commentators lament the situation of stagnating wages, while others celebrate wage growth. To take just two of hundreds of examples, our colleagues in … Continue reading

Median Household Income in US in 2018 – $63,179, Not significantly different from 2017

The U.S. median household income was $63,179 in 2018, not statistically different than the previous year, according to U.S. Census Bureau statistics released today. At first glance, it would appear that median income was higher than every year prior to 2017, surpassing the median income for 2007 ($60,985 in 2018 dollars) and 1999 ($61,526 in … Continue reading

The Transition to Post-Military Employment in US – A majority of veterans say their military service was useful in giving them the skills and training

For many veterans, finding a job after leaving the military is an important part of the transition to civilian life. A majority of veterans say their military service was useful in giving them the skills and training they needed for a job outside the military – 29% say it was very useful and another 29% … Continue reading

National Job Guarantee in US – Considerable uncertainty associated with its impacts

Despite a relatively strong U.S. economy in late 2018, many workers continue to experience stagnant wages and underemployment. In response, policy interventions like subsidized wages, training and search assistance, expanded public employment, and federal guarantees of employment have all been proposed, but relatively little is known about how a federal job guarantee would function. We … Continue reading

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on WordPress.com

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter

Categories

Archives