US

This tag is associated with 1892 posts

Unemployment Insurance / The bang-for-the-buck among the highest

By the time Congress got around to passing an extension of emergency jobless benefits last week, Clyde Lance no longer needed them. On Dec. 17, his 52nd birthday, Lance started a full-time job helping train technicians for the International Society of Automation in Research Triangle Park, North Carolina, ending a three-year search for a permanent … Continue reading

US / Gunmaker Subsidized to Lure Jobs

Governments in nine states have awarded at least $49 million in subsidies in the past five years to gun and ammunition makers whose products are under scrutiny after last month’s school shooting in Connecticut. Almost 85 percent of those tax breaks or grants have gone to two companies: Olin Corp. (OLN), the Clayton, Missouri-based maker … Continue reading

US / Married adults who raise children are 56 percent more likely to be poor

Most parents with below-poverty incomes who are raising minor children are married. according to Married … without Means Poverty and Economic Hardship Among Married Americans by Shawn Fremstad The failure of many policy elites to recognize the extent of marital poverty covers up the profound economic struggles of millions of married parents. The paper concludes that to reduce … Continue reading

US / Youth Unemployment among Young African American: 22.1 percent

U.S. employers added 155,000 jobs in December and the unemployment rate held steady at 7.8%. However, the jobs outlook for young people especially young black teens is bleak. According to Generation Opportunity, which charts unemployment for Millennials aged 18-29, the general jobless rate for teens is 11.5 percent and a shocking 22.1 percent for younger … Continue reading

US / Millennial / 2013 Outlook Grim

The latest jobs report doesn’t hold much promise for millennials looking for work. The overall unemployment rate for 18 to 29-year olds in December was 11.5 percent, according to the national, non-partisan organization Generation Opportunity, which analyzes the data specifically for that age range. David Pasch, Generation Opportunity’s Director of Communications, told HuffPost Live Monday … Continue reading

US / MBA / Hard Times and Smaller Paycheck

Like many students, Steve Vonderweidt hoped that a master’s degree in business administration would open doors to a new job with a higher paycheck. Soaring tuition costs, a weak labor market and a glut of recent graduates are upending the notion that M.B.A.s and other professional degrees are a sure ticket to financial success. WSJ’s … Continue reading

US / Jobs with the lowest and highest unemployment rates

The top jobs with the lowest unemployment rates for 2012 include fields in areas from health care and finance, to social services and engineering — and all require a lot of education and training. “You look at these jobs, they are all high skilled, high education, and high experience,” said Abraham Mosisa, an economist at … Continue reading

Apple / Hiring at Data Center

Apple is continuing to hire staff for its data center operations, with positions available at current and future locations in North Carolina, Oregon, California sites in Newark and Santa Clara, and a new data center under construction in Reno, Nevada. The current openings include a position for a Data Center Site Services Manager in Maiden, N.C. … Continue reading

US / Greater demand for physicians

National recruiters say that as good as 2012 was for physicians seeking employment in hospitals or groups, 2013 will be even better. Due to impending physician retirements, decreases in the hours doctors work and increased demand for physicians, job opportunities for employed physicians won’t just be more plentiful but also will offer more variety. That … Continue reading

US / Five states without a state-set minimum wage, Louisiana is one of them

A recent national report shows that Louisiana is one of only five states without a state-set minimum wage, but state officials say it doesn’t really matter. The National Conference of State Legislators report shows that Louisiana, Alabama, Mississippi, South Carolina and Tennessee have no set minimums that must be paid to workers in private or … Continue reading

US / Defined contribution retirement plans cost more than defined benefit

Private industry employers now spend more per employee hour worked for defined contribution retirement plans (retirement plans that specify the level of employer contributions and place those contributions into individual employee accounts) than for defined benefit retirement plans (plans that provide employees with guaranteed retirement benefits that are based on a benefit formula).  March 2012 … Continue reading

Update – US / An increase of only 28,000 persons saying they have a job: proportion at work declined

The last Employment Report for 2012 is fresh out. Comments will focus on the fact that Nonfarm payroll employment rose by 155,000 and the unemployment rate was unchanged at 7.8 percent. All that is true but… there is a big bad news. An important indicator coming from the household survey is the Employment-population ratio which , in short, … Continue reading

US / Real Wages are 11% lower than they were in 1973

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US / Unemployment Benefits / An increase of 10,000: two out of three employment-related reports were positive

SEASONALLY ADJUSTED DATA In the week ending December 29, the advance figure for seasonally adjusted initial claims was 372,000, an increase of 10,000 from the previous week’s revised figure of 362,000. The 4-week moving average was 360,000, an increase of 250 from the previous week’s revised average of 359,750. The advance seasonally adjusted insured unemployment rate was 2.5 percent … Continue reading

US / Proportion of Population With Job Improves in December finds Gallup

The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, was 44.4% for the month of December, a slight improvement over 43.7% in November. The current P2P rate still does not match the levels of employment seen in July through October, which exceeded 45% and were the highest since Gallup began tracking P2P … Continue reading

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