Last week, we blogged about a study from the Public/Private Ventures group. This week, the National Network of Sector Partners and the Insight Center for Community Economic Development are set to release a report that reads well in tandem – “Sector Snapshot: A Profile of Sector Initiatives, 2010.”
Aug. 30, 2010 | Posted by Joshua WrightArchive for the ‘In the News’ Category
Who (or What) Creates Jobs? The Quest for the Engines of Employment
Mark Thoma and Catherine Rampell point to a new study that argues that the age (not the size) of a business is the key factor in their employment growth.
Aug. 27, 2010 | Posted by Joshua Wright‘If our Kids Aren’t Dropping Out Physically, They Are Dropping Out Mentally’
Our headline comes from the president of the Center on Education Policy, Jack Jennings, who was quoted on the front page of today’s Wall Street Journal in regard to the newest release of ACT scores.
Aug. 18, 2010 | Posted by Joshua WrightFed Bank Chair: Monetary Policy Not the Solution to Unemployment
The President of Federal Reserve Bank of Minneapolis, Narayana Kocherlakota, delivered a speech Tuesday in which he made clear that monetary policy (in his opinion) is not going to solve persistent unemployment, which has clearly become “Economic Enemy No. 1″ in this recession.
Aug. 18, 2010 | Posted by Joshua WrightTemporary Staffing Companies on the Rebound
The national economy is still sputtering, and most employers are playing it safe and not adding new workers to their payrolls — at least not full-time workers. But they do seem to be leaning on temporary staffing agencies, like Manpower Inc.
Aug. 17, 2010 | Posted by Joshua WrightLast Week in Review
Welcome to EMSI’s first weekly review of the news, links of note, and data points from last week.
Aug. 16, 2010 | Posted by Joshua WrightThe Relationship Between Education and the Economy
In May, the Department of Labor put out a graph showing the educational and wage characteristics of unemployed workers in 2009. The basic story is one we are all familiar with — those who achieve higher levels of education earn more money and are less likely to be unemployed.
Aug. 12, 2010 | Posted by Joshua WrightMiddle-Skill Jobs: Going Strong or Fading Away?
For the past several years, we’ve heard about the increasing demand for workers with mid-level skills — those who don’t have a four-year degree but have more than high school diploma. But now there’s this: New labor market analysis from David Autor of MIT suggests that middle-skill employment is bottoming out — at a rapid rate.
Aug. 11, 2010 | Posted by Joshua WrightJob Market for Lawyers Looks to be Rebounding
We wrote about the labor market trends for law-related jobs last week, and now The Wall Street Journal reports that indications point to an improving market for lawyers — at least among Columbia students.
Aug. 10, 2010 | Posted by Joshua WrightState and Local Government: The Other Shoe
Seventy-six percent of the government job losses are due to federal job losses, which are mostly jobs “lost” as the Census winds down. But the focus should be on the state and local governments — Catherine Rampell and Conor Dougherty both have great articles how the new employment numbers are shaping up for these employers.
Aug. 6, 2010 | Posted by Joshua WrightChart of the Day: Comparing Recessions
Actually, maybe we should call this the chart of the past few years. From the New York Times’ Economix blog, this comes after the latest jobs report that showed a loss of 131,000 net jobs in the U.S. economy.
Aug. 6, 2010 | Posted by Joshua WrightWither Green Jobs?
The L.A. Times’s Greenspace blog points out that the promise of adding green jobs to the economy was not enough to pass any kind of climate bill, and collects some further points on where the bill went wrong.
Aug. 5, 2010 | Posted by Joshua WrightThe Decline of Lawyers and Legal Support Jobs (At Least in the U.S.)
Yesterday the New York Times outlined how entry-level legal careers are growing in India, allowing companies in the U.S. to offshore work that could be expected of a junior lawyer. In response, we used Analyst to see how legal support professions have performed nationally in recent years.
Aug. 5, 2010 | Posted by Joshua WrightPutting a Price Tag on a High School Diploma
MinnPost, an independent Minnesota news website, recently highlighted a high school dropout model developed by EMSI that estimates the economic impacts of halving the dropout rate of minority students. The model was made in partnership with the Alliance for Excellent Education.
Aug. 2, 2010 | Posted by Joshua WrightMost Rural Counties Are Getting Older
An analysis by Daily Yonder of EMSI’s county-level demographic data shows the overwhelming majority of rural counties have gotten older since 2000. But there are parts of rural America that are bucking the trend, and most are in the Great Plains, Mountain West, or scattered throughout Texas and Oklahoma.
Jul. 28, 2010 | Posted by Joshua WrightNew Orleans to Lose 5,000 Shipyard Jobs; What’s the Impact?
The New Orleans-area economy has been dealt yet another blow: Northrop Grumman announced plans to close its shipyard in nearby Avondale by 2013, signaling the end of as many as 5,000 jobs for the region. To get a sense of the full economic impact of the decision, we used Analyst, EMSI’s labor market research tool.
Jul. 16, 2010 | Posted by Joshua WrightAll4Ed Unveils New High School Dropout Study Using EMSI Model
According to the Alliance for Excellent Education’s latest analysis, halving the dropout rate of minority high school students would lead to $2.3 billion in increased earnings in an average year and an additional 17,450 jobs.
Jul. 13, 2010 | Posted by Joshua WrightDissecting North Dakota’s Vibrant Economic Growth
If you haven’t discovered it yet, NPR’s On Point program had a fascinating discussion last week with Joel Kotkin and others about the Great Plains’ booming economy. As a followup, this post examines employment trends for North Dakota, a hotbed for the region’s growth.
Jul. 10, 2010 | Posted by Joshua WrightWhere Should Community College Training Be Focused?
Earlier this week a blogger at Inside Higher Ed posed a question relevant to many of our readers: “Should a community college train people for the industries that are currently there, or for the industries that seem likely to be there in the near future?”
Jul. 6, 2010 | Posted by Joshua WrightTemp Hiring vs. Full-Time Jobs
EMSI clients use local employment data in all kinds of interesting ways on a day-to-day basis, and here’s just another example. Several suburban Chicago newspapers have brought to light the complaints of a former labor leader in Will County who feels county officials — including those at the Workforce Investment Board of Will County — could be doing more to find full-time jobs at area warehouses.
Jun. 18, 2010 | Posted by Joshua WrightCEW: Postsecondary System Won’t Meet Demand for Educated Workers
A massive new report from Georgetown University’s Center on Education and the Workforce (CEW), an EMSI partner, concludes that jobs requiring an advanced level of education will far outpace workers qualified for those positions through 2018.
Jun. 15, 2010 | Posted by Joshua WrightMore on Contract Workers and Employment Data
Following up on a post earlier this week about the differences between “covered” and “uncovered” workers when it comes to unemployment insurance and labor market data, CNNMoney.com published a piece that discusses the growing trend of employers opting to hire contract workers.
Jun. 9, 2010 | Posted by Joshua WrightStill Floating: Housing Prices Have Yet to Touch Ground
If Prakash Loungani is right, average housing prices in the US have not reached bottom. The IMF economist presented at the National Economists Club on the subject, “More Room to Fall? Prospects for House Prices In Major Economies,” on Thursday.
May. 27, 2010 | Posted by Joshua WrightAnticipating the Hot Jobs of 2018
Biomedical engineers, network systems analysts, financial examiners — these are all expected to be hot jobs in eight years according to the Department of Labor’s projections. But as any workforce or education practitioner knows, it’s hard to say which jobs will be performing strongly 18 months from now, let alone in 2018.
May. 26, 2010 | Posted by Joshua WrightHigh School Dropout Analysis Highlighted in Jacksonville
Jacksonville, Florida, is one of 45 metro areas across the U.S. included in an Alliance for Excellent Education analysis that looked at the far-reaching impacts of cutting the high school dropout rate in half. The analysis uses an economic model developed by EMSI.
May. 25, 2010 | Posted by Joshua WrightNPR on Michigan’s No Worker Left Behind Program
Michigan workforce development and education leaders, more than in any other state, are in a tough spot: No matter how creative they get in retraining the state’s out-of-work residents, there are few jobs to be had.
May. 20, 2010 | Posted by Joshua WrightFinancial Jobs: Slipping Through the Cracks of Unemployment
Yesterday on his blog, Michael Mandel asked why jobs in the financial industry have fared well — especially considering the upheavals the industry has gone through. Between 2007 and 2010, the percentage employment losses in construction and manufacturing have been in the double digits, yet sectors like finance & insurance and commercial banking stayed (easily) under 10%.
May. 20, 2010 | Posted by Joshua WrightAlabama Town Takes Stock after Biggest Employer Downsizes
Alexander City, a small town in east central Alabama located between Montgomery and Birmingham, has done some serious regrouping after the shrinking of Russell Corp. The giant apparel manufacturer used to employ 7,500 in Alexander City, its former headquarters. Now it employs less than 1,400 in the city.
May. 18, 2010 | Posted by Joshua WrightThe Economist on Brain Workers, Boise, and Wide-Open Spaces
In its latest issue, The Economist writes about industry clusters and cities becoming so popular that they get too expensive for some people’s taste. All of which “spurs some brainy people—especially those with children—to migrate to places that are not quite so hot but more liveable.”
May. 14, 2010 | Posted by Joshua WrightOccupations That Have Taken the Biggest Hit in the Recession
“Workers left behind” — that’s how The New York Times frames an excellent piece on the toll taken by the recession. In response, we did a bit of research to see which occupations took the biggest hit from 2007-2009 — when the recession was really raging — and which counties around the U.S. saw the worst of it.
May. 13, 2010 | Posted by Joshua Wright
