Job Market Monitor
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US | Colleges and Universities | Only 29 pc of students have received career and job help
Millennial Branding, a Gen Y research and consulting firm and StudentAdvisor.com, a Washington Post Company and the leading free learning resource for students, today announced a new report on how students are developing their careers while in college. The report, The Student Career Development Study, shows that students are not aggressively preparing for their post-college … Continue reading
American Veterans | Trends and Programs
“Veterans’ employment outcomes in the civilian labor market are an issue of ongoing congressional interest” write Benjamin Collins, David H. Bradley, Cassandria Dortch, Lawrence Kapp and Christine Scott in Employment for Veterans: Trends and Programs for CRS (Adapated choosen excerpts by JMM to follow) This report offers introductory data on veterans’ performance in the civilian labor market as well as a discussion … Continue reading
Skills Gap | Three million open jobs in U.S. (Video)
Millions of jobs are waiting to be filled, but employers say they can’t find qualified workers because of “the skills gap.” Byron Pitts reports. Watch @: via Three million open jobs in U.S., but who’s qualified? – 60 Minutes – CBS News. Related Posts Apprenticeship | Skills Gap in Advanced Manufacturing POSTED BY JOB MARKET MONITOR ⋅ NOVEMBER 10, … Continue reading
US | Wealthy | Would a tax hike cost 700,000 jobs ?
Rep. Pete Sessions, however, went further, and actually claimed hundreds of thousands of people would lose their jobs if Obama’s proposed tax increase went into effect. What’s the math behind his claim? The Facts According to an aide, Sessions obtained his figure from a study prepared last year by two economists at Ernst & Young for … Continue reading
US | Destroying Its Education System ?
A nation that destroys its systems of education, degrades its public information, guts its public libraries and turns its airwaves into vehicles for cheap, mindless amusement becomes deaf, dumb and blind. It prizes test scores above critical thinking and literacy. It celebrates rote vocational training and the singular, amoral skill of making money. It churns … Continue reading
US | Job Growth at Four-Year High According to Gallup
U.S. workers reported little change in net hiring at their workplaces in October, with the Gallup Job Creation Index averaging +19 for the month, similar to the +18 recorded in September. The index has been between +17 and +20 since March, essentially hovering at the highest levels seen since mid-2008. The Job Creation Index in … Continue reading
US – Over half of households may be unable to maintain their standard of living in retirement
The release of the Federal Reserve’s 2010 Survey of Consumer Finances is a great opportunity to eeassess Americans’ retirement preparedness as measured by the National Retirement Risk Index (NRRI) write Alicia H. Munnell, Anthony Webb, and Francesca Golub-Sass in The National Retirement Risk Index: An Update. (Choosen excerpts by JMM to follow) NRRI shows the share … Continue reading
US federal tax credit subsidies to expire – Wind industries lay off hundreds of workers
Hundreds of workers in our region are losing their jobs as wind turbine manufacturers cut production. The federal tax credit that subsidizes wind energy is set to expire at the end of the year, and political uncertainty is putting the brakes on the wind industry. More than 500 workers are losing their jobs in the … Continue reading
US – Job Openings essentially unchanged from August says DOL but…
There were 3.6 million job openings on the last business day of September, essentially unchanged from August, the U.S. Bureau of Labor Statistics reported today. The hires rate (3.1 percent) was little changed while the separations rate (3.0 percent) declined in September. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm … Continue reading
US – Solar Jobs Growth Outpaces The Whole Economy
The last two years have brought record investments and project development in the industry, with U.S. installations growing 116 percent in the second quarter of this year — much of it driven by the loan guarantee program. As a result of strong federal support, job growth in the industry continues to outpace the broader economy. … Continue reading
US – Hospital mass layoffs for 2012 expected to match 2011’s numbers
Thirteen mass layoffs occurred in hospitals in September, affecting 817 people, according to a monthly report released Oct. 23 by the U.S. Bureau of Labor Statistics. If numbers hold steady for the remainder of 2012, the industry is on track to have a similar annual count of mass layoffs as it did in 2011. Ninety-three … Continue reading
Youth Unemployment – US vs Europe
The latest unemployment statistics released this week on both sides of the Atlantic show that the number of jobless is continuing to rise in Europe far above the rate in the U.S., and the picture is especially bleak for young Europeans under the age of 25. In the 27 E.U. nations as a whole, the youth unemployment … Continue reading
America’s jobs nightmare – A UK view
There is an intriguing contrast between the US and UK economies. British GDP remains substantially smaller than it was at its peak but employment has bounced back, helped by lower real wages and a growth in part-time jobs. The US economy has more than caught up all of its lost output and is now bigger … Continue reading
US Job Market – America’s Geriatric Work F(a)rce
There is the schism of America’s workforce since the NBER-defined official end of the recession in June 2009 into the “haves”, or those above 55, who have been able to get a job since the end of the recession, and the “have nots”, or all those in the labor force who have not been able to … Continue reading
Update – US Job Report – This month report shouldn’t make a mandate
The number of unemployed and the unemployment rate increase. But employment too. So, this is a sign that participation is going up, a generally good sign. Since July, the economy has created an average of 173,000 jobs a month, up from 67,000 a month from April through June. But still, the proportion of american in … Continue reading
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