Job Market Monitor
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Labor force projections to 2022 for the US / The overall labor force participation rate is expected to decline writes the BLS
Because of the decreasing labor force participation rate of youths and the prime age group, the overall labor force participation rate is expected to decline. The participation rates of older workers are projected to increase, but remain significantly lower than those of the prime age group. A combination of a slower growth of the civilian … Continue reading
US / The decline of manufacturing employment and trade with China
U.S. manufacturing employment fluctuated around 18 million workers between 1965 and 2000 before plunging 18 percent from March 2001 to March 2007. In this paper, the authors find a link between this sharp decline and the U.S. granting of Permanent Normal Trade Relations (PNTR) to China. Industries where the threat of tariff hikes declines the … Continue reading
US Veterans / 100,000 Jobs Mission reaches goal seven years early
The 100,000 Jobs Mission announced today that its coalition members hired a total of 117,439 U.S. military veterans by the end of 2013 — surpassing the coalition’s original goal seven years early. “Reaching this important milestone is great news for veterans and employers alike,” said Maureen Casey, Director of Military and Veterans Affairs at JPMorgan … Continue reading
US / It Pays to Be Stressed
The highest-stress jobs also on average have the highest pay, and the lowest-stress jobs tend to get lower wages. Continue reading
US / Percent of unemployed seeking work for longer than six months more than doubled between 2007 and 2013
Each month the Bureau of Labor Statistics (BLS) reports employment figures for the United States. These figures have served as a barometer of the country’s relative economic strength for the last seventy years and recently have highlighted unemployment’s rise throughout the Great Recession. Often overlooked, however, are figures related to the so-called “long-term” unemployed, those unemployed for longer … Continue reading
US / Addressing income inequality is not government’s priority job voters says to Fox Poll
A new Fox New poll shows a possible disconnect between President Barack Obama and voters on what the president says will be the top priority for the rest of his term: reducing income inequality. Continue reading
US / The Top 100 Companies for Remote Jobs in 2014
Here are the top companies for remote jobs and flexible work options: Xerox UnitedHealth Group Dell Aetna American Express First Data Humana Westat K12 ADP Overland Solutions Inc. CyberCoders U.S. Department of Transportation SAP PayJunction Connections Academy Apple IBM HD Supply Salesforce.com Western Governors University CACI International About.com McKesson Corporation Aon WellPoint Forest Laboratories Patch … Continue reading
US / Many baby boomers are reluctant to retire finds Gallup
True to their “live to work” reputation, some baby boomers are digging in their heels at the workplace as they approach the traditional retirement age of 65. While the average age at which U.S. retirees say they retired has risen steadily from 57 to 61 in the past two decades, boomers — the youngest of … Continue reading
US / Why African-American unemployment is double that of Whites
“The black unemployment rate is typically twice that of the white unemployment rate — in good times and even in bad times,” says William Rodgers, chief economist at the Heldrich Center for Workforce Development at Rutgers University Continue reading
Discouraged workers in US / What if they were still in ?
In December, the unemployment rate was 6.7% and the labor force participation rate was 62.8%. Where would the two figures be if all of the discouraged workers that left the labor force since October 2007 came back, and were officially counted as unemployed? Chart 2 shows that the participation rate would be a 0.7 percentage … Continue reading
Grads in US / Finding a good job has indeed become more difficult
According to numerous accounts, the Great Recession has left many recent college graduates struggling to find jobs that utilize their education. However, a look at the data on the employment outcomes for recent graduates over the past two decades suggests that such difficulties are not a new phenomenon: individuals just beginning their careers often need … Continue reading
US / More are worse off financially than a year ago finds Gallup
More Americans, 42%, say they are financially worse off now than they were a year ago, reversing the lower levels found over the past two years. Just more than a third of Americans say their financial situation has improved from a year ago. Chosen excerpts by Job Market Monitor. Read the whole story at via More … Continue reading
Moms in US / Trailing on Paid Leave
…Only 12 percent of workers get paid time off to care for a baby or a sick parent, according to the U.S. Labor Department. Rhode Island this month became the third state to start a paid family leave insurance program, which was initiated by California in 2004 and by New Jersey in 2009. A bill introduced … Continue reading
Working in the US / Top 10 most dangerous jobs (infographic)
Check out America’s most dangerous jobs in this infographic based on the 2012 National Census of Fatal Occupational Injuries. via Top 10 most dangerous jobs in the US | Finances Online™. Related articles 10 jobs that didn’t exist 5 years ago (Infographic) 10 Jobs for tomorrow that barely exist today (Infographic) At least five types … Continue reading
President Obama’s Jobs Programs / The first of three institutes announced
President Obama, seeking to fulfill a pledge from his last State of the Union address before his next one in two weeks, traveled to North Carolina on Wednesday to announce the establishment of a manufacturing institute to help create well-paying jobs. A consortium, led by North Carolina State University and comprising 18 companies and six … Continue reading
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