Without government data, an alternative employment report
ADP’s monthly report on nonfarm private-sector payrolls is a reasonable alternative to the Bureau of Labor Statistics during the government shutdown.
The disappearing male worker
Are men losing interest in work? Male labor force participation rates in the United States have been in steady decline since at least 1950 while women’s labor market participation steadily rose before leveling off about a decade ago. Two recent analyses of U.S. Census data document this trend and offer some unexpected reasons why this […]
Are blacks as financially well off as whites? Depends on whom you ask
Despite large and persistent gaps between blacks and whites on virtually every indicator of economic well-being, about half of all whites say the average black person is about as well off financially or doing better than the average white person, according to a survey released last week by the Pew Research Center.
King’s Dream Remains an Elusive Goal
Five decades after Martin Luther King, Jr.’s historic “I Have a Dream” speech in Washington, D.C., fewer than half (45%) of Americans say the country has made substantial progress toward racial equality.
Sharp divisions in GOP base on raising the minimum wage
Proposals to raise the minimum wage face stiff opposition in Congress from Republicans, particularly in the House. But within the GOP base, there are sharp educational and income differences over the issue.
Having a secure job replaces homeownership as the key to being middle-class
Nearly nine-in-ten Americans now say having a secure job is essential to being in the middle-class; in 1991, it was homeownership.
Tepid U.S. jobs data conceal modest momentum for blacks and Hispanics
Unemployment continues to be lower among whites than other groups, but job growth is slower compared with blacks and Hispanics — one reason, perhaps, why whites are the most pessimistic about the economy.
A Rising Share of Young Adults Live in Their Parents’ Home
A record number of Millennials—young adults ages 18 to 31—were living in their parents’ home in 2012 due to a combination of economic, educational and cultural factors.
Public Esteem for Military Still High
More than three-quarters of Americans continue to believe that members of the military contribute “a lot” to society’s well-being. By contrast, only 37% say clergy make a big contribution to society, and journalists have dropped the most in public esteem since 2009.
Europe’s unemployment conundrum
Continued high unemployment in Europe is fueling the debate over whether it is now time to stimulate the economy to spur job creation or to continue fiscal retrenchment to cut public debt.