Employment and Consumer prices up; earnings unchanged in Sept. 2013
Employment: ADP Sept. Employment Report Prices: Consumer Price Index,Sept 2013 Earnings: US BLS monthly consumer survey
U.S. Bureau of Economic Analysis video primer on GDP
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Studying labor market data for U.S. foreign born workers
Detailed data and the underlying micro data can be found at; http://www.census.gov/population/foreign/ Two sources of information are: Current Population Survey Data on the Foreign-Born Population Detailed tables on the foreign-born […]
Manufacturing in the U.S. is making a comeback U.S. BEA data shows
From the U.S. BEA: Manufacturing real value added—a measure of an industry’s contribution to GDP—rose 6.2 percent in 2012, after increasing 2.5 percent in 2011. Durable-goods manufacturing, the largest contributor […]
U.S. workers finding replacement jobs quickly
Most U.S. workers who lose their jobs are able to find replacement ones quickly according to U.S. Bureau of Labor Statistics data on unemployment duration. The overall percentage of workers […]
Unemployment rates 50 years today…
Unemployment 50 years ago today was 5.5%. Details on how unemployment rates are calculated can be found at the Fed. Reserve of St. Louis’ website. (http://research.stlouisfed.org/fred2/data/UNRATE.txt) Source: U.S. Department of […]
Econometric study finds that UI benefits extensions caused increased in unemployment rates during great recession
Authors find that the “persistent increase in unemployment during the Great Recession can be accounted for by the unprecedented extensions of unemployment benefit eligibility” http://www.philadelphiafed.org/research-and-data/events/2013/macroeconomics-across-time-and-space/papers/Manovskii0501.pdf Authors: Marcus Hagedorny Fatih Karahanz Iourii […]
Differences between W2 and last paycheck
Generally, W-2 statements reflects taxable earnings while the check stubs and last pay statements reflect total earnings. To convert from total earnings to taxable earnings, you need to subtract the nontaxable deductions, […]
Women in Philosophy
Wages and Philosophy Ph.D.s awarded to women: http://www.apaonlinecsw.org/data-on-women-in-philosophy
Job openings and employment up in Sept.
The Conference Board reported that online job demand was up 209k while ADP reported that private sector employment increased 166k in Sept. 2013. Both are sizable increases that point to […]