bureau of labor statistics

NEWS via NPR: Who Had Richer Parents, Doctors Or Artists

March 18, 2014 // 0 Comments

Who Had Richer Parents, Doctors Or Artists A few weeks ago, we were sitting around the office arguing over this simple question: Who had richer parents, journalists or people working in finance? Doctors or artists? More generally: What’s the link between household income during childhood and job choice during adulthood? After some poking around, we figured out how to settle the argument. A government survey has tracked more than 12,000 people for decades. It allowed us to look at the same group of people in 1979 and 2010 — from a time when most were teenagers to the time when they were middle-aged and, for the most part, gainfully employed. We crunched the data a few ways. First, here’s a table that answers our basic question. It links peoples’ jobs as adults in 2010 to their parents’ income when they were kids in 1979. Job As Adult Household Income During Childhood Farming, Fishing, And Forestry less than $35,000 Child Care Workers, Home Care Workers, etc. [...]

NEWS via CNN Money: 11 cities where workers are disappearing

March 14, 2014 // 0 Comments

NEW YORK (CNNMoney) Cincinnati, Cleveland and Dayton, Ohio The labor force has been shrinking in all of Ohio’s major cities other than its state capital, Columbus. Cleveland has lost 52,000 workers, or about 5% of its labor force, since November 2007, and Cincinnati lost 39,000 workers, or about 4% of its labor force, since May 2009, according to U.S. Bureau of Labor Statistics data. Job growth is anemic, particularly in Ohio’s main industry, manufacturing. Signs point to workers giving up, said Amy Hanauer, executive director of Policy Matters Ohio. “I think people are getting discouraged and leaving the labor market,” she said. Ohio lost 388,000 jobs in the financial crisis, and has since gained only about a fifth of them back. Phoenix and Tucson, Ariz. The fallout from the housing bust is still felt here. The construction sector slashed more than half its jobs in the crisis, and they’ve only started to trickle back in the last few months. But the [...]

INTERACTIVE via CNN: How does your Salary Compare to Others?

January 27, 2014 // 0 Comments

This widget sheds light on the UNEVEN DEVELOPMENT that exists across the globe. ECONOMIC INEQUITY is but one of the economic indicators that illustrates the DEVELOPMENT GAP. With little EXPENDABLE INCOME, less developed and developing countries do not draw in the QUATERNARY service sector that more developed countries do. -The Human Imprint “Data has been sourced from the International Labour Organization, the U.S. CEO earnings figure was sourced from theBureau of Labor Statistics and the Queen’s income from The Sovereign Grant. *$PPP wages calculate the buying power of what you earn, inside your country, relative to someone in the U.S. Find out more about how this interactive was calculatedhere. **Iraq and Timor-Leste are [...]
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