Posts Tagged ‘employment’

Americans Employed Full-Time Work 47 Hour Weeks

September 2, 2014

Americans working full time work an average of 47 hours per week. Full time hourly employees work 44 hours a week. Other than a slight decline in 2003, full time employees have worked this many hours for more than a decade.

–from Gallup.com

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Cost of Living Compared to Median Income Across the United States

May 22, 2014

The relative buying power of a dollar varies greatly across the United States, and this interactive chart shows the difference between the median income and the cost of living.

–from NPR

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

US Labor Market Nearing Pre-Recession Levels

December 12, 2013

With a gain of 200,000 jobs per month, the US labor market will return to the previous peak employment level in three months. With a more modest 125,000 jobs per month it will take almost two years, but this is still an attainable gap.

–from Calculated Risk

Non-Metro Areas Experiencing No Employment Growth

November 15, 2013

There has been no employment growth in non-metro counties in the past year. Indeed, since the recovery began, suburban and rural areas have been almost entirely left out of the benefits.

–from The Washington Post

Less than One Third of Millennials Living with Parents Employed

November 6, 2013

Only 29% of millennials, those aged 18-31, who live with their parents are currently employed. In other words, This is out of the 36% of the generation who live at home. This is a substantial number of young people out of the job market.

–from MyBudget360

Middle-Wage Job Growth Slow

November 4, 2013

Wages between $14 and $21 an hour, which are considered mid-wage jobs, have not yet recovered from their 2008 downturn. This provides further evidence of an increasingly bifurcating labor market with great increases on the top and the bottom.

–from Chartporn.orgĀ 

Almost Half of American Jobs Highly Susceptible to Automation

October 1, 2013

automation

47% of US employment is highly susceptible to automation within the next twenty years. In other words, almost half of current jobs in America will, quite soon, no longer exist. This is especially true of low-skill, low-income positions, which are highly correlated with susceptibility to automation. Thus, jobs requiring higher education are considered the “safest” for the next few decades.

–from Oxford University’s Programme on the Impacts of Future Technology

Middle-Income Jobs Decreasing since 2010

August 26, 2013

Some of the biggest middle-income careers have been losing jobs since 2010, while those at the top and bottom of the pay scale have been increasing. In particular, teaching and construction have declined by more than 150,000 combined the past few years while low-wage, low-skill positions like food preparation and personal care have greatly increased.

–from The International Business Times

Employment-Population Ratio Down 4.9% since 2006

April 26, 2013

The employment-population ratio, the measure of the number of employed civilians of working age compared to total civilians of working age, has dropped 4.9% from the most recent peak of 63.4% in December 2006 to 58.5% in March 2013. The last time the ratio was this low, prior to the 2007 downturn, was October of 1983.

For more information, see our Employment Report.

–Data from the St. Louis Federal Reserve