Job Market Monitor
US
UI Benefits Extension in US / Meet people who’ve lost them
Name: Maureen “Momo” Kallins State: Washington “I am 65 years old. For three years I worked as the General Manager and the Business Manager of a small public access television station in Washington State. I lost that job in January 2013, which supported half of our household. (I have two sons, 26 and 24, and … Continue reading
UI Benefits Extension in US / Obama to speak on Tuesday
President Barack Obama will ratchet up his administration\’s push for an extension of emergency unemployment benefits on Tuesday with an event at the White House attended by people whose benefits have expired
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US / The Fastest Declining Jobs
Tree-fellers, shoemakers, and postal clerks, beware. More than 30% of these jobs may disappear over the next 10 years. A new release from the U.S. Bureau of Labor Statistics sheds light on which American occupations will shrink the most in the coming decade. The 30 fastest-declining jobs are ranked by projected percent decrease between 2012 … Continue reading
US / A Jobs Agenda for the Right
Conservatives should see that there is a role for macroeconomic stimulus in getting the labor market back on its feet. Some limited, targeted, and independently beneficial federal spending can help increase long-term growth and mobility. And monetary policy with its eye on enabling growth can make a big difference. While such efforts can help establish … Continue reading
Youngest Boomers Turn 50 This Year (Infographic)
Source: The Graying of America: Youngest Boomers Turn 50 This Year – Real Time Economics – WSJ.
Minimum Wages and Living Wages in US / A map
The map and chart below show how close each state’s new minimum wage comes to reaching a living wage, meaning one in which a worker can cover food, housing, utilities and other basic expenses. In some cases it\’s not very far at all: Many of the states that raised their wage floors Wednesday still have … Continue reading
UI Weekly Claims Report in US / Still a good news
In the week ending December 28, the advance figure for seasonally adjusted initial claims was 339,000, a decrease of 2,000 from the previous week’s revised figure of 341,000. The 4-week moving average was 357,250, an increase of 8,500 from the previous week’s revised average of 348,750. The advance seasonally adjusted insured unemployment rate was 2.2 … Continue reading
Electrolux in US / Plans to add 810 jobs at headquarters
Electrolux will expand its North American headquarters in Charlotte, NC., and expects to add 810 jobs in the state in the coming years. It will be the second expansion at the location in three years. The appliance maker will invest $85 million in a 20-year lease agreement, part of the development of a second building … Continue reading
US / ‘Extended’ Unemployment Benefits ending: less active jobless persons looking for work
Editor’s Note: We know what is unemployment insurance. It covers for unemployment. That said, it is also the price we pay to keep the unemployed active. And when the price of something falls, you get less of it on the market. This is what might happen with the end of the ‘extensions’: less active jobless persons … Continue reading
Long-term unemployment benefits expire / Who, why, where …?
Who lost benefits? Anyone who has been collecting unemployment for more than 26 weeks loses benefits, roughly 1.3 million people immediately. Several million more people are expected to hit the limit over the course of the next year; they would lose benefits at that point. The Obama administration estimates that by the end of 2014, … Continue reading
Teenage Unemployment in US / A tragedy
More than one in seven between age 16 and 24 can’t find any job, full or part-time. For African Americans in that age group, it’s more than one in four. Continue reading
Family and Medical Leave in US / Job Protection Isn’t Enough
Twenty years ago, the Family and Medical Leave Act, or FMLA, was signed into law. Without downplaying the historical significance of the FMLA’s guarantee of job-protected leave for a majority of U.S. workers, it had a limited impact on the frequency of parental leave and no impact on the likelihood that parental leave is paid Continue reading
Jobless claims in US / Decrease by 42,000 to a seasonally adjusted 338,000
Initial claims for state unemployment benefits decreased 42,000 to a seasonally adjusted 338,000, the Labor Department said on Thursday Continue reading
US / The 5.6 M working in HR and Recruitment
the Bureau of Labor statistics report from 2010 that there are 5.6 million professionals in the United States who work in HR Continue reading
US Unemployment Rate / What if those who have left the labor force since the start of the Great Recession are counted ?
3.5% of the working-age population has left the labor force since the start of the Great Recession. Should those people be also counted as unemployed? If so, here is what the unemployment rate trend would look like Continue reading
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