Job Market Monitor
US
Wages Growth in US since the Great Recession – Maps
workers’ wage growth has been uneven across the country’s metros. To chart where wages have grown the most during America’s recovery, my Martin Prosperity Institute colleague Charlotta Mellander ran the numbers on average change in wages and salaries for all 350-plus U.S. metros between 2009 and 2012 (the latest year available) based on data from the … Continue reading
US / Why Local Double-Digit Unemployment Persists
Based on recent national unemployment rates, it would appear that job creation has improved sharply from when the economy was shedding half a million jobs a month and the jobless rate rose to more than 10%. For much of the country that is true. However, some geographic pockets of unemployment remain in double-digit percentages. Most … Continue reading
US / Fast-food workers on strike for a ‘living wage’
Fast-food workers went on strike and protested outside McDonald’s, Burger King and other restaurants in 60 U.S. cities on Thursday, in the largest protest of an almost year-long campaign to raise service sector wages. Rallies were held in cities from New York to Oakland and stretched into the South, historically difficult territory for organized labor. … Continue reading
US / Full employment is not an impossible dream says Blinder
In his keynote address, Blinder, a former vice chairman of the Federal Reserve, reminded listeners, “We know what full employment looks like, feels like. It is not an impossible dream… The way to create jobs without spending a budgetary nickel is monetary policy.” Continue reading
Wal-Mart / A call to ‘made in America’
Wal-Mart Stores Inc. spearheaded an effort Thursday to bring together retailers, suppliers and government officials so they can figure out how to bring more manufacturing jobs to the United States Continue reading
US / 75 Percent Of Jobs Created This Year Were Part-Time
U.S. businesses are hiring at a robust rate. The only problem is that three out of four of the nearly 1 million hires this year are part-time and many of the jobs are low-paid Continue reading
US / California leads in jobs in science and engineering
California leads U.S. states in science and engineering employment, according to a new report from researchers at the National Science Foundation Continue reading
US / Who Are the Long-Term Unemployed?
Relative to currently employed workers, those who have been out of work for more than 26 weeks (the long-term unemployed) tend to be less educated and are more likely to be nonwhite, unmarried, disabled, impoverished, and to have worked previously in the construction industry and construction occupations Continue reading
US Aerospace Workforce / A Perfect Storm is coming
Increasing global demand, constrained capacity, and labor scarcity are changing the geography of high-tech manufacturing Continue reading
US / More Nonwhites Than Whites Say Jobs the Top Issue finds Gallup
One in four Americans name the economy as the most important problem facing the country today, followed by unemployment and jobs at 19%, and dissatisfaction with government at 17% Continue reading
Illinois / The second-highest unemployment rate in US
Illinois has the second-highest unemployment rate in the nation, a rank the state has held for five months now, behind only the state of Nevada. Continue reading
US / Cloud computing projected to add 671,300 jobs by 2020
Cloud computing jobs are multiplying, new data shows, prompting debate over whether the new positions are taking the place of other work or becoming a net positive to employment in general Continue reading
Tempering the mobility-dampening effects of safety net policies with lump-sum unemployment payments
There is no reason to believe that the culture of the low-skilled native-born population is an insuperable obstacle to geographical mobility Continue reading
US / Two-thirds of American Workers Would Still Work Even if They Won Millions
Two-thirds of American workers say they would continue working even if they won $10 million in the lottery, while 31% say they would stop Continue reading
US / Retirement damaged by unemployment – A survey
The Damaged Nest Egg: Un/Underemployment Results in Withdrawals from Retirement Funds -A sizeable majority of the un/underemployed (62 percent) are not too/not at all confident that they will be able to retire comfortably Continue reading
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