Job Market Monitor
US
US Job Report April 2015 – Total nonfarm payroll employment increased by 223,000, UR essentially unchanged at 5.4 percent
Total nonfarm payroll employment increased by 223,000 in April, and the unemployment rate was essentially unchanged at 5.4 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, and construction. Mining employment continued to decline. Household Survey Data In April, both the unemployment rate (5.4 percent) … Continue reading
Independent Workers in US – 9% report using at least one On-Demand economy platform as a source of work or income
The On-Demand Economy has hit the headlines and caught mainstream attention. Often referred to as the sharing economy, this rapidly growing segment includes high-profile players such as Airbnb (lodging), Uber and Lyft (taxi services), Handy (clean- ers), Etsy (crafts), TaskRabbit (general tasks) and many others. Broadly defined, the On-Demand economy refers to economic activity generated … Continue reading
Youth Unemployment in US – Lessons from the US
With youth unemployment recently reaching all-time highs and in anticipation of further austerity measures in the UK, this report explores collaborative youth employment initiatives in eight US cities with distinctive labour market challenges to identify the factors that lead to effective intervention. Collaborative working in the field of youth employment support has taken a variety … Continue reading
US – Drinking and drug jobs
Drug abuse — including and especially alcohol abuse — costs the U.S. economy billions of dollars in lost productivity each year. New government data released this month can now tell us exactly which industries’ employees drink the most, which do the most drugs, and where employees are most likely not just to use drugs, but abuse them. … Continue reading
US – Business owners are older and Minorities and Hispanics are more likely to be an employee than own a business.
This issue brief examines business owner demographic characteristics in 2013 and compares these characteristics to those of employees in the U.S. economy. Minorities and Hispanics are more likely to be an employee than own a business. Minority and Hispanic business owners made up less than 15 percent of all U.S. business owners in 2013. Asian … Continue reading
US Law School Class of 2010 – Job outcomes have improved only marginally
The law school Class of 2010 faced a bleak employment market. Nine months after graduation, only 87.6% of the class reported a job of any type. More than a tenth of the employed graduates were working part-time, and more than a fifth held jobs that did not require a law license. As the National Association … Continue reading
Hispanic in US – Will account for over 40% for the increase in overall employment
The US economy is nearing a period when labor force growth will slow sharply as an ever larger proportion of the Baby Boomer generation retires. During this time, Hispanic employment will continue to show strong growth, even under conservative assumptions about Hispanic immigration. This report presents the results of projections of future US labor force … Continue reading
US – 86 Percent think that there is a retirement crisis National Institute on Retirement finds
A new nationwide public opinion research report finds that an overwhelming majority of Americans – 86 percent – believe the nation faces a retirement crisis. These findings are contained in a new research report, Retirement Security 2015: Roadmap for Policy Makers. More specifically, the research finds that: An overwhelming majority of Americans believe there is … Continue reading
Sluggish Wage Growth in US – Not due to the mix of jobs being created EPI finds
There has been some discussion that the sluggish wage growth we’ve seen since the recovery began in 2009 is driven in large part by the mix of jobs being created, as if we have lower wages simply because the economy is adding more low-wage jobs. Earlier in the recovery there was likely some truth to … Continue reading
Higher Education and Skills Gap in US – New workforce training models needed brookings’ Holzer finds
Employment of Americans in middle-wage jobs has been declining, due to trends both in employer demand and worker skill attainment. Workforce development in the US now mostly occurs in community and forprofit colleges, as well as the lower-tier of 4-year colleges. Enrollment rates are high, even among the disadvantaged, but completion rates are very low … Continue reading
US – UI benefits for the 65 million acting as family caregivers
This research report presents detailed information on the policies and practices in place in state unemployment insurance (UI) programs that provide potential temporary financial assistance to family caregivers. The report draws on legal analysis from 50 states and the District of Columbia and in-depth interviews with advocates and UI agency officials from 10 targeted states … Continue reading
US – 44 percent reported participating in some informal paid work during 2011–2013
“Informal” work refers to temporary or occasional side jobs from which earnings are presumably not reported in full to the Internal Revenue Service and which typically do not constitute a dominant or complete source of income. Perhaps the most important reason for undertaking informal work is to offset negative income and employment shocks, such as … Continue reading
US – The growing movement for $15
In Part 1 of this report, we look at the portion of the U.S. workforce that currently earns less than $15 per hour in the United States. Our findings include the following: Forty-two (42) percent of U.S. workers make less than $15 per hour. Women and people of color are overrepresented in jobs paying less … Continue reading
US – The Science and Engineering Workforce
The number of college graduates in the United States nearly doubled between 1993 and 2013, from 29 million to 55 million, according to the National Survey of College Graduates (NSCG). The number of college graduates with degrees in science and engineering (S&E) fields grew faster than the number of college graduates with degrees in non-S&E … Continue reading
Aging Workforce – How prepared is the US
Gillian B. White: You spent a lot of time researching the labor force and changing demographics around the world, in your opinion how prepared is the U.S. for the shift to an older population? Joseph M. Coleman: There are good things and bad things. We have a very dynamic economy, we’re able to react to … Continue reading
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