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  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Small Firms and Job Creation

    We hear a lot of talk about how small businesses are the engines of growth and job creation. But we don't often see data backing up this "conventional wisdom." (To be clear, job creation isn't the only reason to support small businesses...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Atlanta Fed: Comparing Wage Growth Among Full-time and Part-time Workers

    In the years following the Great Recession, we have seen a rise in part-time employment in the US. The Atlanta Fed has been spending some quality time looking into what that means for wages and overall compensation, as part-time workers are less costly...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Mercer: Performance Awards, Long Term Incentives Boost CEO and CFO Pay

    Top executive pay keeps going up, according to Mercer MThink . Performance awards have become the norm at many top corporations, so the rising stock values are one part of the significant increases over the last two years, but Long Term Incentives might...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Mercer Survey on Pay Raises

    "Employers are loosening the purse strings, ever so slightly," according to Mercer MThink . The results of a Mercer survey on employee compensation give hope that firms are increasing pay and overall compensation in order to keep top talent...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Cleveland Fed: 'Job Search Before and After the Great Recession'

    We are learning more and more about the behavior of people seeking jobs since the recession. Cleveland Fed researchers have spent some time looking into how much time unemployed persons spent looking for jobs during the post recession years compared to...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Unemployment Edges Up Slightly

    The U.S. economy added 209,000 jobs in July. That was almost 80,000 fewer than June, but still a welcome increase. Yet it wasn't enough to push the unemployment rate down. Instead, it ticked up a little, and is now at 6.2%, according to the Department...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Helpful Tools in Evaluating Skilled Worker Shortage Claims

    The unemployment rate has dropped to 6.1%, and yet we still read about a shortage of skilled workers. Brookings Senior Fellow Gary Burtless is a little skeptical of the "skills mismatch" narrative, so he looked a little more closely at some...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    David Cay Johnston: Why California Sees Faster Paced Job Growth Following Tax Increases

    In 2012 California voters approved some tax increases that opponents argued would hurt employment in the state. Now, 18 months after the increases were put into effect, David Cay Johnston points out that the rate of job growth in California is outpacing...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Retail Sales Rise 0.2%

    Retail sales rose again in June, though not at the clip of the previous month. Sales came in at $439.9 billion for the month, a 0.2 percent increase over May sales (which had increased 0.5% over April), according to the Commerce Department. Sales were...
  • Graham Griffith
    Graham Griffith
    • over 7 years ago
    • Info
    • Global Economic Watch

    Retail Sales Continue 2014 Rise

    Retail sales rose again in May, increasing 0.3 percent over April sales. All in all, the last three months have seen a welcome boost for retailers, with the Commerce Department sharing revised numbers for April showing 0.5% growth that month. From the...
  • Graham Griffith
    Graham Griffith
    • over 12 years ago
    • Info
    • Global Economic Watch

    Comparing Unemployment Rates--US vs OECD Nations

    Mark Thoma calls attention to two interesting pieces today on unemployment. John Schmitt , Hye Jin Rho , and Shawn Fremstad of the Center for Economic and Policy Research have a short comparison of unemployment rates of OECD (Organization for Economic...
  • Graham Griffith
    Graham Griffith
    • over 13 years ago
    • Info
    • Global Economic Watch

    More Bad News for New Grads

    Yesterday we looked at the dimming job prospects for new MBAs in this economy. But as disappointing as the market may be for MBAs, undergraduates are facing some worse news. There is an increasing amount of evidence showing that graduating in a bad economy...
  • Graham Griffith
    Graham Griffith
    • over 8 years ago
    • Info
    • Global Economic Watch

    Mark Thoma: 'Part-time employment appears to be cyclical rather than structural'

    We are often looking to Washington to fix the employment problem. Or at least the prevailing language of the news media encourages us to look to Washington. And while we may recognize limitations on policymakers, Mark Thoma says that they may in fact...
  • Graham Griffith
    Graham Griffith
    • over 12 years ago
    • Info
    • Global Economic Watch

    Quick Resource: SF Fed's FedViews

    Mark Thoma reminds us that the Federal Reserve Bank of San Francisco provides a very convenient, succinct monthly outlook online called FedViews. Basically, FedViews is a page of short updates and charts, like these: Check it out here .
  • Graham Griffith
    Graham Griffith
    • over 9 years ago
    • Info
    • Global Economic Watch

    Gallup's New Employment Measure

    With a lot of economists and economy-watchers not fully satisfied with the unemployment rate as a measure of how many Americans are out of work, Gallup is launching a new measure. Payroll to Population is designed to give a clearer picture of the percentage...
  • Graham Griffith
    Graham Griffith
    • over 8 years ago
    • Info
    • Global Economic Watch

    BLS Jobs Report: Economy Keeps Adding Jobs

    The U.S. economy added another 195,000 jobs in May--20,000 more than in May--but the unemployment rate remains at 7.6%, according to the Department of Labor . The labor force participation rate edged up ever so slightly to 63.5 percent. Here's...
  • Graham Griffith
    Graham Griffith
    • over 9 years ago
    • Info
    • Global Economic Watch

    Low Wage Recovery and the Loss of Mid-wage Occupations

    In the middle of the political convention season, there is a lot of talk about jobs. Or lack of jobs, to be more accurate. But the National Employment Law Project wants us to focus more on the types of jobs that were lost. In short, America’s...
  • Graham Griffith
    Graham Griffith
    • over 11 years ago
    • Info
    • Global Economic Watch

    One Positive in US Employment: Job Stability

    Top White House economic adviser Austin Goolsbee was on ABC's This Week yesterday, and he tried to strike an optimistic tone about jobs for 2011: While we haven't seen the final employment numbers for 2010,...
  • Graham Griffith
    Graham Griffith
    • over 8 years ago
    • Info
    • Global Economic Watch

    OECD 2013 'Education at a Glance' Report

    In case any doubt lingers in you about the correlation between education and employment, the latest OECD annual report, Education at a Glance , affirms previous data on how much better people with higher ed degrees are faring during this jobless recovery...
  • Graham Griffith
    Graham Griffith
    • over 9 years ago
    • Info
    • Global Economic Watch

    Rethinking the Advance of the Robots and What it Means for Jobs

    We have been taught to believe that advancing technology lifts most (if not all) boats. That workers will have better lives as computers and robots take over some of the more mundane tasks. But writing for the Boston Globe's Ideas section, Sarah Laskow...
  • Graham Griffith
    Graham Griffith
    • over 9 years ago
    • Info
    • Global Economic Watch

    November Jobs Report: Unemployment Rate Rises .1% to 7.9%

    The U.S. economy added 171,000 jobs in October, and the unemployment rate has risen slightly to 7.9%, according to the Department of Labor . Professional and business services had the biggest jump in employment, with 51,000 jobs added in that sector...
  • Graham Griffith
    Graham Griffith
    • over 9 years ago
    • Info
    • Global Economic Watch

    Retiring Boomers and the Labor Force Participation Rate

    Ahead of tomorrow's widely anticipated jobs report, Kathy Ruffing , a Senior Fellow at the Center on Budget and Policy Priorities , takes a look at data on labor participation rates. And she finds an important, but largely overlooked, detail from...
  • Graham Griffith
    Graham Griffith
    • over 9 years ago
    • Info
    • Global Economic Watch

    Gallup: Blue Collar Workers Most Pessimistic About Job Prospects

    Workers around the world on not very optimistic about their job prospects. And blue collar workers are especially pessimistic. According to a Gallup survey conducted globally last year but released this week, 33% of blue collar workers worldwide thought...
  • Graham Griffith
    Graham Griffith
    • over 9 years ago
    • Info
    • Global Economic Watch

    BLS State and Regional Job Report: Unemployment Declined in 41 States in September

    As the national unemployment rate continues a slow steady decline, some states and regions have seen sharper changes. Among the thirty states that have had statistically significant changes in employment since September 2011, only West Virginia has seen...
  • Graham Griffith
    Graham Griffith
    • over 9 years ago
    • Info
    • Global Economic Watch

    Economix: De Facto Austerity Programs in U.S. Local Governments

    Over at Economix , Yale economists Ben Polak and Peter Schott point to local government jobs as what makes the current recovery and historical anomaly. Private employment may not have come back at the rate it did following past recessions, but it has...
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