Job Market Monitor
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US / Tech sector adds 103,000 jobs from January through June 2013
A report issued by the TechAmerica Foundation analyzed the U.S. tech job market in the first half of the year and found a modest bump of 103,000 jobs from January through June 2013. The report comes fast on the heels of freshly sparked discussion about the STEM crisis or whether there’s a domestic shortfall in … Continue reading
US / The number of poor in the 100 largest metro areas edges upward by 1.1 percent
For the fifth year in a row since the onset of the Great Recession, the number of poor residents in the nation’s 100 largest metro areas grew between 2011 and 2012, edging upward by 1.1 percent or 320,000 people. Continue reading
US / An annotated chart of the income share of the top 1 percent, 1913-2012
This graphic adds an annotated political history to the iconic (and recently-updated) Piketty and Saez data on top income shares in the U.S. Continue reading
US Job Market / “Jobless Recoveries” are likely in the future finds Brookings (Video)
In each of the three most recent U.S. recessions, the unemployment rate has stayed high for longer and longer durations, increasingly resembling the experience of many West European countries in the 1980s Continue reading
US Labor Market / IMF’s chief endorses Fed the Federal Reserve’s decision
International Monetary Fund chief Christine Lagarde on Thursday praised the Federal Reserve’s decision this week not to tap the brakes on its bond-buying program to stimulate the U.S. economy, saying it was still too soon to start the widely expected “tapering” operation on the Fed program. “The IMF has always said that it should be … Continue reading
US / Jobless claims rise, but backlogs might distort data
The number of Americans filing new claims for jobless benefits rose last week, but it was difficult to get a clear read on the labor market’s health because a Labor Department analyst said two states appeared to be working through a backlog of unprocessed claims Continue reading
Cleveland Clinic / 3,000 jobs cut ?
Layoffs part of a multi-year plan to cut $330 million from the Clinic’s budget. Continue reading
US / The retirement system fails most americans by creating a few big winners and many losers
The current retirement system has left the vast majority of Americans unprepared for retirement says EPI. While high-income Americans have benefitted enormously from the rise of 401(k)s, most Americans are being left behind Continue reading
Education in US / Most States’ School Funding Tumbles Since Recession
More than two-thirds of U.S. states are spending less per child on schools than they were five years ago, a study found, showing how slowly governments are replacing funding that was cut because of the recession Continue reading
The fith anniversary of the day that Lehman Brothers collapsed / Charts You Need To See
Here are charts that capture the scope and struggles of the Great Recession, five years after it began Continue reading
US / Where Job Growth Will Come Over This Decade
A look at the industries expected to generate the most job growth in the next seven years Continue reading
US / Unemployment Gap between rich at widest levels
US – Rates of unemployment for the lowest-income families — those earning less than $20,000 — have topped 21 per cent. Households with income of more than $150,000 a year have an unemployment rate of 3.2 per cent Continue reading
US / Expected Retirement Age Continues to Rise
In 2013, 22 percent of all workers planned to postpone their retirement Continue reading
US / Welfare currently pays more $15 per hour in 13 states finds CATO
Welfare currently pays more than a minimum-wage job in 35 states, even after accounting for the Earned Income Tax Credit, and in 13 states it pays more than $15 per hour Continue reading
US Recovery and Real Income Growth / The top 1%: 31% – the bottom 99%: less than 1%
New data reveal that the top 1% enjoyed real income growth of 31% between 2009 and 2012, compared with growth of less than 1% for the bottom 99% Continue reading
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