Job Market Monitor
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Monetary Policy / Why it matters whether the fed targets inflation or unemployment
Analysis suggests that in the United States today, it might be appropriate for interest rates to remain low until unemployment crosses a “threshold” as low as 5.5 percent Continue reading
US / Unemployment Extension News
House and Senate Democrats introduced legislation to renew the federal Emergency Unemployment Compensation (EUC) program for 2014. Here’s information on the legislation which would extended unemployment benefits for 2014, and more information on the proposed unemployment extension for 2014. Chosen excerpts by Job Market Monitor. Read the whole story at via Unemployment Extension News.
Tell Congress on Extensions : American Federation of State, County and Municipal Employees, AFL–CIO campaings
The American Federation of State, County and Municipal Employees, AFL–CIO campaings for the re-authorization of federal Unemployment Benefits. Here is the link to the petition: via Tell Congress: Re-authorize Federal Unemployment Benefits.
US / The 10 worst occupations of 2013
According to the job-hunting site CareerCast.com, these 10 jobs are the worst in America Continue reading
US / Jobless claims fall for sixth week out of seven
The number of people filing for new unemployment benefits fell for the sixth time in seven weeks, more evidence the labor market is steadily improving Continue reading
US / The Minimum Wage in graphs
With all that talk about the minimum wage, we thought a little context would be useful. Here\’s a breakdown of minimum wage workers in a few key categories, along with a breakdown of all hourly workers, for comparison. Nationwide, minimum wage workers: Chosen excerpts by Job Market Monitor. Read the whole story at via Here’s Who … Continue reading
US College Labor Market / Recruiting Trends 2013-2014
The college labor market is improving, up 3 percent from last year for all degrees. Strong demand for accounting, marketing, computer science, engineering, human resources, public relations, and the inclusive “all majors” group will increase hiring for Bachelor’s degrees by 7 percent. The increase in hiring has been steady but could be better. Continue reading
Older workers in the New Jersey labor market
Marie Mathis of Boonton, an award-winning marketing pro, finds herself in a predicament. In the three years since she was downsized, the 48-year-old has upskilled, consulted, freelanced and done contract work. These days, she holds a marketing position for a start-up technology company. Staff meetings are in Starbucks. Mathis loves the work — except for … Continue reading
US / Minimum Wage Rates for 2014
Minimum Wage Rates for 2014, Listed by State Alabama: $7.25 Alaska: $7.75 Arizona: $7.90 Arkansas: $7.25 California: $8.00 (increase to $9.00 on July 1, 2014 and $10.00 on January 1, 2016) San Francisco: $10.74 San Jose: $10.15 Colorado: $7.78 (increase to be announced January 1, 2014) Connecticut: $8.70 ($9.00 effective January 1, 2015) Delaware: $7.25 Florida: … Continue reading
Us / The “Job Openings and Labor Turnover Survey” in charts
The “Job Openings and Labor Turnover Survey” tracks the number of job openings and hires in the US, which are fairly obvious indicators of the strength of the labor market. It also tracks an important, if slightly more subtle, indicator: turnover. The BLS calls these “separations,” and the number measures people who’ve quit jobs, been laid … Continue reading
MBAs in US / The Job Market to get a lot worse i
If you’re graduating from business school this spring, you might want to be sitting down for this: the job market for recent MBA graduates looks poised to get a lot worse in 2014 Continue reading
Bernanke / There’s a long way to go before raises rates
“In particular, even after unemployment drops below 6.5 percent, and so long as inflation remains well behaved,” he continued, “the (Fed Open Markets) Committee can be patient in seeking assurance that the labor market is sufficiently strong before considering any increase in its target for the federal funds rate Continue reading
US Jobless Claims / Fell for the fifth time in six weeks
The number of people filing for new unemployment benefits fell for the fifth time in six weeks, more evidence that the labor market is steadily improving. Initial claims for jobless benefits, a measure of layoffs, decreased by 21,000 to a seasonally adjusted 323,000 in the week ended Nov. 16, the Labor Department said Thursday. Economists … Continue reading
US Job Recovery and Men / The ‘1 million missing’
“Unemployed construction workers have left the industry, either to go back to school, retire or maybe leave the country. They’re no longer sitting at home waiting for a contractor to call them,” said Ken Simonson, chief economist for Associated General Contractors. He calls them the “1 million missing men.” Continue reading
US Factory Workers / Wages Stagnate
“What’s being referred to as a recovery in manufacturing is to a large extent a recovery in profitability,” said Dean Baker, co-director of the Center for Economic and Policy Research, a Washington-based group funded by unions and private foundations Continue reading
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