Job Market Monitor
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US / A small, and shrinking, proportion of jobs pay enough for families to make ends meet finds the 2013 Job Gap Report by the Alliance for a Just Society
The Alliance for a Just Society’s 15th annual Job Gap Study examines employment opportunities and outcomes nationally, in 10 states (Colorado, Connecticut, Idaho, Florida, Maine, Montana, Nevada, Oregon, Virginia and Washington State), and in New York City Continue reading
Gender Pay gap in US / Millennial Women Near Parity
These findings are based on a new Pew Research Center survey of 2,002 adults, including 810 Millennials (adults ages 18 to 32),2 conducted Oct. 7-27, 2013 Continue reading
US / Was NAFTA good for workers ?
The North American Free Trade Agreement (NATFA) was the door through which American workers were shoved into the neoliberal global labor market. By establishing the principle that U.S. corporations could relocate production elsewhere and sell back into the United States, NAFTA undercut the bargaining power of American workers, which had driven the expansion of the … Continue reading
US / For a Job Guarantee program (government as an “employer of last resort”)
More than five years after the fall of Lehman Brothers we are still dealing with the problem of high unemployment, the worst kind of “waste” in economic theory. Is there a better approach? A number of scholars, notably Professor Randy Wray of the University of Missouri-Kansas City, have long proposed a Job Guarantee program or … Continue reading
Car Makers in US / The federal bailout saved 1.5 million U.S. jobs a study finds
The federal bailout of General Motors Co, Chrysler and parts suppliers in 2009 saved 1.5 million U.S. jobs and preserved $105.3 billion in personal and social insurance tax collections, according to a study released on Monday. The Bush and Obama administrations loaned the auto industry, including GM and Chrysler, which is now controlled by Italy’s … Continue reading
US / Low-paying jobs and the minimum-wage battle
The new attention to the struggle of the country’s lowest-paid workers reflects one of the more dissatisfying aspects of the current economic recovery. Since 2009, 54 per cent of the new jobs created in the U.S. have been low-wage positions, according to an analysis by EMSI, an employment research firm. In the ten occupations where … Continue reading
US / Why extending unemployment insurance in a chart
Congress is starting to take notice of the fact that more than 1.3 million people will lose their jobless benefits on Dec. 28 unless lawmakers renew an emergency aid program for the unemployed that\’s set to expire this year. House Democrats said on Thursday that they won\’t support a budget deal unless it includes a one-year … Continue reading
Traffic Jam in US / Up to 480,000 high-skilled jobs are at risk
The report, The Role of Transit in Support of High Growth Business Clusters in the U.S., conducted by the Economic Development Research Corporation and commissioned by APTA, projects that 480,000 new jobs representing $32 billion per year in income will be at risk due to congestion by 2040 Continue reading
US / Government-financed jobs account for more than 25 percent of nonfarm payroll jobs in seven states
In 2012, public-sector employment made up more than 16 percent of the US labor market. Direct government employment fails to capture the full impact of government spending on state labor markets Continue reading
Obama’s Job Performance / Most Young People Are Unhappy
Young Americans are unhappy with virtually every major thing President Barack Obama has done since he was re-elected, but they would still vote for him today, according to the results of a Harvard University survey released on Wednesday. The national poll by Harvard’s Institute of Politics of more than 2,000 people aged 18 through 29 … Continue reading
US / Jobless Claims Fall to 298,000 in Latest Week
The number of people filing for new unemployment benefits fell for the third straight week, a sign of an improving labor market. Initial claims for jobless benefits, a measure of layoffs, decreased by 23,000 to a seasonally adjusted 298,000 in the week ended Nov. 30, the Labor Department said Thursday. Economists surveyed by Dow Jones … Continue reading
US / No evidence that lowering taxes on corporate profits will lead to more job creation Center for Effective Government finds
22 of the 30 corporations that paid the highest tax rates (30 percent or more) on their reported profits created almost 200,000 jobs between 2008 and 2012. Only eight of the 30 firms paying high tax rates reported reducing the number of employees between 2008 and 2012 Continue reading
US / 215,000 private sector jobs added in November says ADP
U.S. private employers added 215,000 jobs in November, topping economists\’ expectations, a report by a payrolls processor showed on Wednesday, reinforcing expectations the Federal Reserve may soon begin to wind down its asset purchases. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 173,000 jobs. The high end … Continue reading
US / CBO estimates that extending the emergency unemployment compensation (EUC) program for one year would cost $25.7 billion
The Congressional Budget Office has completed an estimate of the budgetary effects of H.R. 3546, the Emergency Unemployment Compensation Extension Act of 2013 Continue reading
US / Fast-food strikes aim at 100 cities
Protesters are calling for $15 an hour, although many see the figure as a rallying point rather than a near-term possibility Continue reading
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