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US Stay-at-Home Mothers – Their number rose to 29% in 2012 finds Pew Research
The share of mothers who do not work outside the home rose to 29% in 2012, up from a modern-era low of 23% in 1999, according to a new Pew Research Center analysis of government data.1 This rise over the past dozen years represents the reversal of a long-term decline in “stay-at-home” mothers that had … Continue reading
US – 59% are worried about not having enough money for retirement finds Gallup
A firm majority of Americans, 59%, are worried about not having enough money for retirement, surpassing eight other financial matters. A majority of Americans have reported being “very” or “moderately” worried about retirement savings every year since 2001, illustrating that saving for retirement disquiets Americans in both good and bad economic times. via Retirement Remains … Continue reading
Employment Services to Veterans with Disabilities in US
The number of military personnel incurring disability in current military conflicts is the highest in over three decades. Since 2001, over 1.6 million service members, Reservists, and National Guard have been deployed to Iraq, Afghanistan, and other Middle Eastern nations. As noted by Lew et al. (2007), advances in medical innovations and body armor have … Continue reading
Doctoral Scientists and Engineers in US – Unemployment has increased
In 2010, an estimated 805,500 individuals in the United States held research doctoral degrees in science, engineering, and health (SEH) fields, an increase of 6.2% from 2008. Of these individuals, 709,700 were in the labor force, which includes those employed full time or part time and those actively seeking work (i.e., unemployed). The unemployment rate … Continue reading
How Long You’ll Be Unemployed – Look at the Unemployment Rate
A few factors do make a difference. Men are a bit more likely to become long-term unemployed than women; blacks are more likely than whites; and, most significantly, older workers are more likely than younger ones. That’s consistent with both anecdotal evidence and quantitative research suggesting that older workers have more trouble finding jobs, due … Continue reading
2 in 5 Employees Do Not Believe They Receive Fair Pay in US – More women (42%) than men (34%)
According to a new Glassdoor survey1 that dives deeper into income inequality and wage gap issues, two in five (39%) employees do not believe they receive fair pay in their current job. Further, more women (42%) than men (34%) do not believe they are being paid fairly. Who can best address the pay gap issue? … Continue reading
Losing Job in US – Would Quickly Lead to Hardship finds Gallup
Many working Americans would experience financial peril if they lost their current job, putting pressure on them to find a new job quickly. A substantial minority of U.S. workers say they could go just one week (14%) or one month (29%) before experiencing significant financial hardship if they lost their job. Gallup’s annual Economy and … Continue reading
Jobless Claims in US – Lowest level since May 12, 2007
In the week ending April 5, the advance figure for seasonally adjusted initial claims was 300,000, a decrease of 32,000 from the previous week’s revised level. The last time intial claims were this low was May 12, 2007 when they were 297,000. The previous week’s level was revised up by 6,000 from 326,000 to 332,000. … Continue reading
Unemployment and the risk of falling into a substance abuse problem
The stress, fear, depression and overabundance of free time that occurs from being unemployed has been known to increase a person’s risk of falling into a substance abuse problem. This video shows just how much unemployment and drugs are intertwined. We broke the numbers down by age groups, employment status, ethnicity, and by year from … Continue reading
US – Looking beyond the Unemployment rate
Looking for an alternative to the Unemployment rate ? Try the employment:population ratio. One alternative is to ignore the question of who is actively looking for work and focus, instead, on who is working. Specifically, check to see how many people there are in our state and then find out how many of them have … Continue reading
US – What happened to the middle class? (Infographic)
The increased wealth of highly skilled workers, the insane wealth of those with capital, and the outsourcing of lower skilled jobs have left us all asking, “what happened to the middle class?” Source: BestMSWPrograms.com Related articles The decline of middle-class workers / Job polarisation and wages Skills Gap – Middle-skill Workers – New England: … Continue reading
Long-Term unemployed – A sharp drop-off in the number of interview requests for those whose nonemployment spell topped six months finds research
Three recent audit studies on nonemployment discrimination report results consistent with the long-term jobless having significantly lower chances of being invited to job interviews. Given the design of previous studies unfavorable treatment can be due to a marginal preference among employers for hiring applicants with shorter spells or to stronger negative beliefs about the long-term … Continue reading
US – People with higher levels of education: consistently lower unemployment rates
You probably know lots of reasons why it’s smart to stay in school. Well, here’s one more: You’re less likely to be unemployed. According to data released in January 2014 from the U.S. Bureau of Labor Statistics (BLS), the higher your level of education, the lower your rate of unemployment. In the last decade, as … Continue reading
US – Only 19 percent of lower-income individuals individuals aged 50-58 participated in a pension of any kind at their current jobs
In 2010, only 19 percent of individuals ages 50-58 whose household incomes were less than 300 percent of the poverty line participated in a pension of any kind at their current jobs, compared to 56 percent of those above 300 percent of poverty. This paper investigates this pension gap. In particular, we decompose the pension … Continue reading
US – How organized workers fueled america’s broadly shared prosperity
The middle class is the great engine of the American economy. Organized workers built a powerful middle class by taking direct action and advocating for government policies to give workers a fair share of economic wealth. But over the past 40 years, this pattern has been reversed as corporate owners and managers have taken an … Continue reading
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