Labor & Economic News Blog
Thursday, May 30, 2013
Americans have rebuilt less than half of wealth lost to the recession, study saysSt. Louis Fed Releases Annual Report
In this year's Annual Report, released May 30, 2013, Ray Boshara and William Emmons of the St. Louis Fed's new Center for Household Financial Stability provide data on the damage to household wealth during the Great Recession, explore the circumstances that led to large declines in household wealth, make the case that such wealth has not fully recovered, and show why all of that matters for U.S. economic recovery.
Wednesday, May 29, 2013
Breadwinner Moms | Pew Social & Demographic TrendsBreadwinner Moms | Pew Social & Demographic Trends
Mothers are now the sole or primary provider in 40% of households with children, up from just 11% in 1960. The public is conflicted about the gains women have made in the workplace, applauding the economic benefits, but also voicing concerns about the impact on children and marriage.
Thursday, May 09, 2013
Teacher Evaluation, Development, and Dismissal in CaliforniaTeacher Evaluation, Development, and Dismissal in California
Teachers are the single most important predictor of student achievement. Each year, California school administrators conduct thousands of evaluations to assess teaching performance. These assessments serve as the first step in identifying the teachers that are exemplary, satisfactory, or in need of professional development or removal.
The Impact of City Contracting Set-Asides on Black Self-Employment and EmploymentThe Impact of City Contracting Set-Asides on Black Self-Employment and Employment
Aaron Chatterji, Kenneth Chay, and Robert Fairlie ask how programs reserving a proportion of government contracts for minority-owned businesses (set-asides) that many U.S. cities put in place during the 1980s affected employment and self-employment among African-Americans. They find that the black-white gap in business ownership rates fell 3 percentage points after the introduction of these programs. Blacks' gains in employment were concentrated in industries heavily affected by set-asides, and the programs mainly benefited those who were better educated.
Wednesday, May 08, 2013
Home builders struggling to find enough construction workersHome builders struggling to find enough construction workers
The real estate bust idled hundreds of thousands of construction workers. Now, with housing on the mend, builders are hiring again
In U.S., Poor Health Tied to Big Losses for All Job TypesIn U.S., Poor Health Tied to Big Losses for All Job Types
The annual cost to the U.S. in lost productivity due to absenteeism tied to poor health ranges from $160 million among agricultural workers to $24.2 billion among professionals.
Going to College? Think Hard About Your Major and Your Career After You GraduateGoing to College? Think Hard About Your Major and Your Career After You Graduate
A college degree may not be worth it for everyone. Isabel Sawhill and Stephanie Owen write that the value of a college degree depends on choice of major and future occupation, among other factors.