EMSI News

BLS Releases New Job Opening Data

March 9th, 2010 | Filed under EMSI News, Featured

It’s not surprising to see which two sectors have the most job openings, according to the Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) released today. Education and health services leads the way with an job opening rate of 3.1% while professional and business services stands at 2.5%
On the other end [...]

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Economists vs. the Rest of the Labor Market

March 8th, 2010 | Filed under EMSI News, Featured

Curious if the number of economists have grown or declined with the economy being such a focal point? Brian Kelsey at Civic Analytics was too, and he used EMSI data to investigate.
The following graph is from his blog — his analysis showed that more than 100 economists were hired in 2009.

If you’re even more curious, [...]

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Federal vs. Private-Sector Pay and the Depth of the Recession

March 5th, 2010 | Filed under EMSI News, Featured

If you polled the average person on the street on which segment of the population makes more money — the private sector or federal employees — most would probably say the private sector. But not so according to a USA Today analysis.
Federal employees make 20% more than a private-sector workers in the same occupation, the [...]

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Community Colleges as ‘Potential Saviors of the Economy’

March 5th, 2010 | Filed under EMSI News, Education, Featured

Nimble. Responsive to the training needs of the workforce. Economic drivers for their regions. All these have been used to describe the strengths of community colleges. But let’s throw out another description:
“Potential saviors of the economy.”
That comes from University Business, which has a lengthy look at community colleges in its latest edition. The article hits [...]

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The Cost of Creating Jobs, Felix Salmon, and NPR’s Marketplace

March 3rd, 2010 | Filed under EMSI News, Featured

So we stumbled upon an interesting discussion that took place last month on public radio business show Marketplace regarding the cost of job creation. Reuters financial blogger Felix Salmon used EMSI estimates from our fourth green jobs paper to say that it costs $200,000 of infrastructure investment to create one job.
Oregon Representative Peter DeFazio took [...]

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The State of U.S. Manufacturing

March 1st, 2010 | Filed under EMSI News, Featured

Much has been made of the declining state of U.S. manufacturing in recent years, which makes sense when you look at the remarkable drop-off in employment. But manufacturing is far from dead, according to fivethirtyeight.com.
The political site points out that productivity in the sector has increased in the last 15 years, and the decline in [...]

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The Need for Postsecondary Attainment in North Central Ohio

February 24th, 2010 | Filed under EMSI News, Education, Featured

The following article is from North Central State College President Donald L. Plotts. Data for the piece were compiled by Tom Prendergast, NCSC’s director of institutional research and grants. The article follows this EMSI data spotlight on earnings by education levels.

It’s no secret that education correlates to income levels, but the statistics are so stark [...]

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Data Spotlight: Comparing Wages by Education Level

February 22nd, 2010 | Filed under EMSI Data Spotlight, EMSI News, Featured

Conventional wisdom says the more education you have, the more you’ll earn over your lifetime. But that’s not always the case. According to a new report by a New York-based policy center, some associate degrees lead to better-paying careers than bachelor degrees.
Specifically, the study done by Demos reports that 31% of associate-degree holders — in [...]

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Responding to Layoffs? Think Entrepreneurship and Partnerships

February 18th, 2010 | Filed under EMSI News, Featured

“Laid off workers — particularly those with obsolete skills — are the human casualties of the recession and constant reinvention of a competitive and globalizing economy.” So writes Mark Kleszczewski in an article for Global Corporate Xpansion on layoffs and the “creative destruction” concept.
The piece lays out a series of issues to consider in this [...]

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New Study Gives Insight into Labor Market Trends

February 11th, 2010 | Filed under EMSI News, Featured

A new research brief on the U.S. labor market goes beyond basic unemployment rates and looks at how things have changed in the last decade, culminating in the recession. The study was released by Rutgers University’s John J. Heldrich Center for Workforce Development.
The authors examine key indicators and analyze issues ranging from which segments of [...]

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