Archive for the ‘Employment’ Category

Women’s Employment Above Pre-Recession Peak

April 9, 2014

Employment levels for women have increased above their pre-recession peak, but men continue to find less employment than they did prior to the start of the recession.

from the Wall St Journal

Household Income During Childhood Versus Adulthood

March 19, 2014

Artists tend to come from wealthier families than doctors, but not as wealthy as those producing lawyers and financial analysts.

–from NPR

Majority of Men’s Real Wages Down over Last Forty Years

March 17, 2014

For all men below the 70th income percentile, real wages have declined since 1973, with growing disparity towards the bottom of income distribution.

–from The New York Times

US is World Leader in Guard Labor

February 17, 2014

 

The US employs significantly more guards than comparable countries.

–from The New York Times

Unemployment Down to 6.6%, Participation Up .1%

February 7, 2014

The unemployment rate fell .1% in January to 6.6%. The Labor Force Participation Rate rose to 63%. There were 232,000 fewer people unemployed for more than six months and 113,000 new jobs were added. For more information, see our Report.

–data from the St. Louis Federal Reserve

Nearly 1 in 20 Americans Work from Home

February 4, 2014

Telecommuting has increased from 2.3% in 1980 to 4.4% today as a share of American workers. In addition, the number of rural telecommuters has dropped significantly while large-city home work is on the rise. In other words, telecommuting has become an urban pursuit.

–from The Atlantic Cities

 

Minimum Wages Hikes Have Short-Term Negative Effects on Teens

January 27, 2014

US teen employment usually trends downward after a minimum wage hike, but only temporarily. In 1996, however, it continued climbing after the hike. The 2007 teen employment downturn was hugely exacerbated by the recession.

–from Idiosyncratic Whisk

Robots Coming for Routine Labor

January 23, 2014

This chart shows the probability various types of jobs will be largely automated in the next twenty years. Click through for a thorough investigation of robots and labor automation over the next few decades. In general, routine jobs will be increasingly automated, while emotional and human-judgement jobs will resist automation.

–from The Economist

Underemployment Rates for Recent College Grads Similar to 1990s

January 22, 2014

Overall underemployment rates for recent college grads is similar to levels in the early 1990′s. The main difference, as seen in the bottom chart, is that the share of recent grads with low wage jobs has increased substantially, even though the overall rate hasn’t changed much.

–from The Atlantic

Obesity and Income

January 20, 2014

It’s a challenge to sort out the relationship between income and obesity. As women get richer, they are less likely to be obese. This same trend does not hold for men, especially black and Mexican-American men, who get more obese out of poverty than in it. Obesity tends to economically affect women greatly, with weight more than two standard deviations beyond normal resulting in 9% less pay.

–from The Atlantic


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