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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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Latest Jobless Rates by Education Level

March 5th, 2010 | Filed under Featured

After the latest employment data came out this morning, Sara Murray at the Real Time Economics blog posted the jobless figures by education level. The numbers are pretty revealing.
From January to February, the jobless rate increased for those with a high school diploma (from 11.5% to 11.9%) and those with less than a high school [...]

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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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EMSI Joins Facebook

March 4th, 2010 | Filed under Featured

If you’re a Facebook user like so many out there, be sure to check out EMSI’s new Facebook page and become a fan. We’ll keep it filled with the latest news updates and tidbits we find on issues pertaining to higher education, workforce development, and economic development — as well as anything else of interest.
We’d [...]

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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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Links of Interest

March 2nd, 2010 | Filed under Featured

With topics ranging from underemployment to community colleges tackling workforce development, here are some articles worth reading:

Catherine Rampell of The New York Times‘ Economix blog looks at the broader measure of unemployment, the “U-6,” which stood at 16.2% at the end of 2009. “In three states — Michigan, California and Oregon — more than a [...]

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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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