Putting Maine Job Growth in Context, Report for Labor Commissioner Jeanne Paquette, May, 2014
|
|
- Ralf Hudson
- 5 years ago
- Views:
Transcription
1 Maine State Library Maine State Documents Center for Workforce Research and Information Documents Labor Putting Maine Job Growth in Context, Report for Labor Commissioner Jeanne Paquette, May, 2014 Maine Center for Workforce Research and Information Glenn A. Mills Maine Center for Workforce Research and Information Follow this and additional works at: Recommended Citation Maine Center for Workforce Research and Information and Mills, Glenn A., "Putting Maine Job Growth in Context, Report for Labor Commissioner Jeanne Paquette, May, 2014" (2014). Center for Workforce Research and Information Documents. Paper This Text is brought to you for free and open access by the Labor at Maine State Documents. It has been accepted for inclusion in Center for Workforce Research and Information Documents by an authorized administrator of Maine State Documents. For more information, please contact
2 Putting Maine Job Growth in Context Report for Labor Commissioner Jeanne Paquette May, 2014 Glenn Mills Chief Economist Center for Workforce Research Maine Dept. of Labor
3 In recent months many news headlines, statements, op-eds and interest group reports have portrayed workforce and economic conditions in Maine negatively. Here is a sample of headlines: Maine s falling unemployment rate isn t all good Portland Press Herald, March 26, 2014 Deeper dive into employment data finds continuing weakness Bangor Daily News, Aug. 27, 2014 Maine remains in the pits on job creation Bangor Daily News, y 6, 2013 Employment growth among older Maine workers outpaces nation MaineBiz, April 1, 2014 Maine s economy a mixed bag Portland Daily Sun, April 8, 2014 Our chief economist has consistently characterized trends since the recession more positively than news accounts portray in conversations with me and in presentations to groups. While Maine is outperforming the nation and most states getting people re-employed during the recovery, our chief economist warns that we face constraints to growth with our more advanced age structure. I asked for this brief presentation Putting Maine Job Growth in Context. The following charts provide a clear, honest picture of improving workforce conditions and trends since 2010 and early Jeanne Paquette, Commissioner, Maine Department of Labor
4 Employment to Population Ratio The share of employed population has been rising steadily for four years, while the U.S. employment to population ratio has been virtually unchanged and is much lower. Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan-14 63% Maine U.S. 62% 61% 60% 59% 58%
5 Change in Employment to Population Ratio from 2010 to 2013 Focusing on a rising share of employed age 55 and over ignores the faster than national rise in the share employed in six of seven age groups from 2010 to % Maine U.S. 4% 2% 0% -2% These figures come from the Current Population Survey. Estimates for individual age groups are based on small samples and can vary from year to year.
6 Employment to Population Ratio And ignores the fact that employment to population ratios are higher in Maine than the U.S. in every age group in 2013, especially among those under 45 80% 60% Maine U.S. 40% 20% 0% These figures come from the Current Population Survey. Estimates for individual age groups are based on small samples and can vary from year to year.
7 If Maine is outperforming the nation getting people re-employed, how can we be 49 th in net job growth since January 2011? Why is the U.S. much closer to pre-recession job levels than Maine? Like many northeastern states, Maine has little population growth and a much larger share of people aging beyond their peak years of labor force participation. This situation developed over decades; it is more extreme in Maine than other states.
8 Percent of Total Population in 2012 Our oldest state in the nation status is primarily due to an unusually high share of Baby Boomers in their 50s & 60s at or near retirement who didn t have many kids 2.0% 1.5% 1.0% 0.5% 0.0% U.S. Maine Age
9 Population As Baby Boomers advance in age, our 25 to 54 prime working-age population is declining. The fastest rate of decline of this age group is occurring this decade. 575, , , , , , , , , Source: Maine Office of Policy and Management.
10 2013 Labor Force Participation Rates This is important because ages 25 to 54 are the peak years of labor force participation. Younger and older people are much less likely to be in the workforce especially seniors. 90% 80% 70% 60% 50% 40% 30% 20% 10%
11 Births and Deaths We arrived at this point because of far fewer births per year, especially after the 1980s Natural Change 24,000 22,000 20,000 Natural Change (right scale) Births (left scale) Deaths (left scale) 14,000 12,000 10,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2, ,000-2,000
12 Despite a better record of getting people reemployed during the recovery, net job growth in Maine is slower than the nation because of our advancing age structure. We have long known that this would be a period in which growth was constrained by thousands aging out of the workforce and much smaller numbers aging into the workforce. The recent recession simply delayed the problem for several years.
13 Why has our unemployment rate declined less than the U.S. average? Unemployment rates can go down two ways: 1. A rising share of people find work, or 2. A rising share of jobless people stop looking for work* Maine s unemployment rate decline is nearly entirely due to a rising share of employed population; the U.S. unemployment rate decline is nearly entirely due to millions of jobless people stopping looking for work. *Those not looking or available to work are not counted as unemployed they are not in the labor force.
14 Labor Force Participation Rate Labor force participation has been flat in Maine since 2010, but continued to decline nationally. A rising share of employed population is driving Maine s unemployment rate decline; lower labor force participation is driving the U.S. unemployment rate decline. Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan % Maine U.S. 65.5% 64.5% 63.5% 62.5% The labor force participation rate is the sum of the share of the population that is employed and unemployed. Jobless people not actively engaged in work search are not in the labor force.
15 If national labor force participation were as high as it is in Maine, the U.S. unemployment rate would be 10%; if Maine labor force participation were as low as the nation, our unemployment rate would be near 3% Official Estimates for February 2014: U.S. Maine Labor Force Participation Rate 63.0% 65.4% Unemployment Rate 6.7% 6.1% Unemployment Rates Adjusted for Labor Force Participation: U.S. Unemployment Rate if Labor Force Participation Were as High as it is in Maine 10% Maine Unemployment Rate if Labor Force Participation Were as Low as it is in U.S. 3%
2017 ECONOMIC AND WORKFORCE PROFILE Green Lake County
2017 ECONOMIC AND WORKFORCE PROFILE Green Lake County STATE OF WISCONSIN DETI-17957-GRL-P (R. 3/2018) Percentage of Total Popula on, Ages 65 and Older Wisconsin now has more people employed and more private
More informationRocky Mountain ECONOMIST: Labor force participation rates have fallen sharply THE
THE Rocky Mountain ECONOMIST: Economic information for Colorado, New Mexico and Wyoming 1 st Quarter 201 4 Effect of Aging on Labor Force Participation Rates in the Mountain States by Alison Felix, Economist
More information2017 ECONOMIC AND WORKFORCE PROFILE Waukesha County
2017 ECONOMIC AND WORKFORCE PROFILE Waukesha County STATE OF WISCONSIN DETI-17957-WAK-P (R. 3/2018) Percentage of Total Popula on, Ages 65 and Older Wisconsin now has more people employed and more private
More informationIn fiscal year 2016, for the first time since 2009, the
Summary In fiscal year 216, for the first time since 29, the federal budget deficit increased in relation to the nation s economic output. The Congressional Budget Office projects that over the next decade,
More information2017 ECONOMIC AND WORKFORCE PROFILE Washington County
2017 ECONOMIC AND WORKFORCE PROFILE Washington County STATE OF WISCONSIN DETI-17957-WGT-P (R. 3/2018) Percentage of Total Popula on, Ages 65 and Older Wisconsin now has more people employed and more private
More informationThe Labor Force Participation Puzzle
The Labor Force Participation Puzzle May 23, 2013 by David Kelly of J.P. Morgan Funds Slow growth and mediocre job creation have been common themes used to describe the U.S. economy in recent years, as
More informationWe are in the midst of a weak and fragile recovery, with unemployment grinding
THE STATE OF WORKING WISCONSIN THE STATE OF WORKING WISCONSIN UPDATE 2011 1 Update 2011 LOOKING FOR WORK IN WISCONSIN We are in the midst of a weak and fragile recovery, with unemployment grinding on at
More informationTessa Conroy, Matt Kures, and Steven Deller
WIndicators Labor Shortage: Signs and Symptoms Volume 1, Number 5 Tessa Conroy, Matt Kures, and Steven Deller In Wisconsin, the labor market has been the focus of recent public and political discourse,
More informationMaine s Labor Market Recovery: Far From Complete by Joel Johnson and Garrett Martin
April 1, 2014 Maine s Labor Market Recovery: Far From Complete by Joel Johnson and Garrett Martin Nearly five years after the end of the worst recession since the 1930s, Maine s economic recovery is still
More information2017 ECONOMIC AND WORKFORCE PROFILE Winnebago County
2017 ECONOMIC AND WORKFORCE PROFILE Winnebago County STATE OF WISCONSIN DETI-17957-WIN-P (R. 3/2018) Percentage of Total Popula on, Ages 65 and Older Wisconsin now has more people employed and more private
More informationTexas: Demographically Different
FEDERAL RESERVE BANK OF DALLAS ISSUE 3 99 : Demographically Different A s the st century nears, demographic changes are reshaping the U.S. economy. The largest impact is coming from the maturing of baby
More information2017 ECONOMIC AND WORKFORCE PROFILE Florence County
2017 ECONOMIC AND WORKFORCE PROFILE Florence County STATE OF WISCONSIN DETI-17957-FLO-P (R. 3/2018) Percentage of Total Popula on, Ages 65 and Older Wisconsin now has more people employed and more private
More information2017 ECONOMIC AND WORKFORCE PROFILE Kewaunee County
2017 ECONOMIC AND WORKFORCE PROFILE Kewaunee County STATE OF WISCONSIN DETI-17957-KEW-P (R. 3/2018) Percentage of Total Popula on, Ages 65 and Older Wisconsin now has more people employed and more private
More informationAdditional Slack in the Economy: The Poor Recovery in Labor Force Participation During This Business Cycle
No. 5 Additional Slack in the Economy: The Poor Recovery in Labor Force Participation During This Business Cycle Katharine Bradbury This public policy brief examines labor force participation rates in
More informationIf the Economy s so Bad, Why Is the Unemployment Rate so Low?
If the Economy s so Bad, Why Is the Unemployment Rate so Low? Testimony to the Joint Economic Committee March 7, 2008 Rebecca M. Blank University of Michigan and Brookings Institution Rebecca Blank is
More informationThe Employment Situation, February 2010: Unemployment Rate for Older Workers Increases Again 1
AARP Public Policy Institute The Employment Situation, February : 1 More than 2 million people aged 55 and over were unemployed in February, 118,000 more than in January. The unemployment rate for this
More information2017 ECONOMIC AND WORKFORCE PROFILE Walworth County
2017 ECONOMIC AND WORKFORCE PROFILE Walworth County STATE OF WISCONSIN DETI-17957-WLW-P (R. 3/2018) Percentage of Total Popula on, Ages 65 and Older Wisconsin now has more people employed and more private
More information2017 ECONOMIC AND WORKFORCE PROFILE Grant County
2017 ECONOMIC AND WORKFORCE PROFILE Grant County STATE OF WISCONSIN DETI-17957-GRT-P (R. 3/2018) Percentage of Total Popula on, Ages 65 and Older Wisconsin now has more people employed and more private
More informationThe Urgent Need for Job Creation
The Urgent Need for Job Creation John Schmitt and Tessa Conroy July 21 Center for Economic and Policy Research 1611 Connecticut Avenue, NW, Suite 4 Washington, D.C. 29 22-29338 www.cepr.net CEPR The Urgent
More informationPopulation and Labor Force Projections for New Jersey: 2008 to 2028
Population and Labor Force Projections for New Jersey: 2008 to 2028 by Sen-Yuan Wu, Division of Labor Market and Demographic Research Similar to other northern states, New Jersey has had slower population
More information2017 ECONOMIC AND WORKFORCE PROFILE Brown County
2017 ECONOMIC AND WORKFORCE PROFILE Brown County STATE OF WISCONSIN DETI-17957-BRW-P (R. 3/2018) Percentage of Total Popula on, Ages 65 and Older Wisconsin now has more people employed and more private
More informationIntelligent Business. Before you read, discuss. Comprehension. 1) Reading a graph. Working age shift Worksheet
Working age shift Worksheet A Before you read, discuss Share experiences and discuss the questions the questions below. 1) Do your age group have larger or smaller families than the previous generation?
More informationFlorida Economic Outlook State Gross Domestic Product
Florida Economic Outlook The Florida Economic Estimating Conference met in July 2017 to revise the forecast for the state s economy. As further updated by the Legislative Office of Economic and Demographic
More informationWeekly Economic Commentary
LPL FINANCIAL RESEARCH Weekly Economic Commentary March 3, 2014 Janet Yellen s Employment Report John Canally, CFA Economist LPL Financial Highlights The market will be especially interested in the unemployment
More information2017 ECONOMIC AND WORKFORCE PROFILE Dane County
2017 ECONOMIC AND WORKFORCE PROFILE Dane County STATE OF WISCONSIN DETI-17957-DAN-P (R. 3/2018) Percentage of Total Popula on, Ages 65 and Older Wisconsin now has more people employed and more private
More information2017 ECONOMIC AND WORKFORCE PROFILE Monroe County
2017 ECONOMIC AND WORKFORCE PROFILE Monroe County STATE OF WISCONSIN DETI-17957-MON-P (R. 3/2018) Percentage of Total Popula on, Ages 65 and Older Wisconsin now has more people employed and more private
More informationMonitoring the Performance of the South African Labour Market
Monitoring the Performance of the South African Labour Market An overview of the South African labour market for the Year Ending 2012 8 October 2012 Contents Recent labour market trends... 2 A labour market
More informationBanks at a Glance: Economic and Banking Highlights by State 4Q 2017
Economic and Banking Highlights by State 4Q 2017 These semi-annual reports highlight key indicators of economic and banking conditions within each of the nine states comprising the 12th Federal Reserve
More information2017 ECONOMIC AND WORKFORCE PROFILE Buffalo County
2017 ECONOMIC AND WORKFORCE PROFILE Buffalo County STATE OF WISCONSIN DETI-17957-BUF-P (R. 3/2018) Percentage of Total Popula on, Ages 65 and Older Wisconsin now has more people employed and more private
More information8.6% Unemployment Is a Myth
8.% Unemployment Is a Myth Sondra Albert Chief Economist, AFL-CIO Housing Investment Trust December 13, 2011 8.% unemployment is a myth! And, to the 13.3 million people who are currently counted as unemployed,
More information2000s, a trend. rates and with. workforce participation as. followed. 2015, 50 th
Labor Force Participat tion Trends in Michigan and the United States Executive Summary Labor force participation rates in the United States have been on the gradual decline since peaking in the early 2000s,
More informationTHE RISE OF LATINO-OWNED BUSINESSES IN THE U.S.
8 FACTS ABOUT LATINO-OWNED BUSINESSES ON THE UP AND UP: THE RISE OF LATINO-OWNED BUSINESSES IN THE U.S. PUBLICATION OF STANFORD GRADUATE SCHOOL OF BUSINESS IN COLLABORATION WITH THE LATINO BUSINESS ACTION
More informationProjections for Western North Dakota Bottineau County
Projections for Western North Dakota Bottineau County Acknowledgments Analysts Dean Bangsund, NDSU Dr. Nancy Hodur, NDSU Funders North Dakota Association of Oil and Gas Producing Counties North Dakota
More informationOpting out of the labor force and does the unemployment rate still matter?
Opting out of the labor force and does the unemployment rate still matter? Michael W. Horrigan, Ph.D. Associate Commissioner Office of Employment and Unemployment Statistics March 24, 2018 NAWB Pre-conference
More informationUnemployment. Three criteria have to be met to be considered unemployed.
Unemployment Unemployment Three criteria have to be met to be considered unemployed. Working age: 16 years or older Not working Looking for work Note: The UE rate is calculated for non-institutionalize
More informationPolicy Brief. Canada s Labour Market Puts in a Strong Performance in The Canadian Chamber is committed to fostering.
Canada s Labour Market Puts in a Strong Performance in 2012 Introduction Policy Brief Economic Policy Series February 2013 Canada s labour market ended 2012 on a high note with almost 100,000 net new jobs
More informationMassachusetts Outlook,
Massachusetts Outlook, 2016-2020 Highlights The state s economic growth will be pulled by two forces in opposite directions. Constraining growth will be a slower increase in the availability of workers
More informationPOLICY PAGE. 900 Lydia Street Austin, Texas PH: / FAX:
POLICY PAGE Center for Public Policy Priorities 9 Lydia Street Austin, Texas 7872 PH: 512.32.222 / FAX: 512.32.227 www.cppp.org September 26 For More Information: Don Baylor, baylor@cppp.org No. 269 THE
More informationRecession Risk Remains Low
Recession Risk Remains Low September 10, 2018 by Urban Carmel of The Fat Pitch Summary: The macro data from the past month continues to mostly point to positive growth. On balance, the evidence suggests
More informationHer Majesty the Queen in Right of Canada (2017) All rights reserved
Her Majesty the Queen in Right of Canada (2017) All rights reserved All requests for permission to reproduce this document or any part thereof shall be addressed to the Department of Finance Canada. Cette
More informationToo old to hire, too young to retire.
Too old to hire, too young to retire. This is how many older American workers today feel trapped in a stagnant or downward economic situation as a result of their age and a shifting economic landscape
More informationJobenomics Unemployment Report: August By: Chuck Vollmer 6 August 2014
Jobenomics Unemployment Report: August 2014 www.jobenomics.com By: Chuck Vollmer 6 August 2014 Jobenomics tracks both employment (see: Jobenomics Employment Scoreboard: August 2014) and unemployment (this
More informationCITY OF MEDFORD COMPREHENSIVE PLAN POPULATION ELEMENT
CITY OF MEDFORD COMPREHENSIVE PLAN PREPARED BY CITY OF MEDFORD PLANNING DEPARTMENT 200 SOUTH IVY STREET MEDFORD, OREGON 97501 ROBERT O. SCOTT, A.I.C.P., PLANNING DIRECTOR LONG RANGE PLANNING SECTION SUZANNE
More informationColumbia County DETI COL-P (N. 3/2016)
Columbia County DETI-17957-COL-P (N. 3/2016) Average Household Income By County Na onal and State Economic Outlook Robust economic growth a er the Great Recession remains an cipated. The recession ended
More informationCONGRESS OF THE UNITED STATES CONGRESSIONAL BUDGET OFFICE CBO The Budget and Economic Outlook: 2016 to 2026 Percentage of GDP 100 Actual Projected 80
CONGRESS OF THE UNITED STATES CONGRESSIONAL BUDGET OFFICE The Budget and Economic Outlook: 6 to 6 Percentage of GDP Actual Projected 8 In s projections, growing 6 deficits drive up debt over the next decade,
More informationDane County DETI DAN-P DAN (N. 3/2016)
Dane County DETI-17957-DAN-P DAN (N. 3/2016) Average Household Income By County Na onal and State Economic Outlook Robust economic growth a er the Great Recession remains an cipated. The recession ended
More informationWhat Does the Unemployment Rate Indicate About the Weak Labor Market?
What Does the Unemployment Rate Indicate About the Weak Labor Market? Testimony to the Subcommittee on Income Security and Family Support House Ways and Means Committee April 10, 2008 Rebecca M. Blank
More informationMarshall & Lyon County Economic Update
Marshall & Lyon County Economic Update Cameron Macht, Regional Analyst Minnesota Department of Employment and Economic Development 320-231-5174 ext. 7535 cameron.macht@state.mn.us www.deed.state.mn.us/lmi
More informationNova Scotia Retirements drive rising hiring requirements, despite muted growth outlook
CONSTRUCTION & MAINTENANCE LOOKING FORWARD Nova Scotia Retirements drive rising hiring requirements, despite muted growth outlook The Nova Scotia construction industry has seen significant expansion over
More informationTRENDS IN HEALTH INSURANCE COVERAGE IN GEORGIA
TRENDS IN HEALTH INSURANCE COVERAGE IN GEORGIA Georgia Health Policy Center, Andrew Young School of Policy Studies and Center for Health Services Research, Institute of Health Administration J. Mack Robinson
More informationFIRST LOOK AT MACROECONOMICS*
Chapter 4 A FIRST LOOK AT MACROECONOMICS* Key Concepts Origins and Issues of Macroeconomics Modern macroeconomics began during the Great Depression, 1929 1939. The Great Depression was a decade of high
More informationStatement of Justin Wolfers
Statement of Justin Wolfers Fellow, Peterson Institute for International Economics, and Professor of Economics and Public Policy, University of Michigan Before the Senate Committee on Finance Hearings
More informationRegional and County Trends Related to the Comprehensive Plan Update. Stephen Levy Center for Continuing Study of the California Economy
Regional and County Trends Related to the Comprehensive Plan Update Stephen Levy Center for Continuing Study of the California Economy Origin and Purpose of These Slides A version was presented to city
More informationCITY OF STRATFORD OFFICIAL PLAN REVIEW BACKGROUND REPORT DEMOGRAPHIC AND ECONOMIC PROFILE AND POPULATION AND HOUSING GROWTH FORECAST NOVEMBER 21, 2012
CITY OF STRATFORD OFFICIAL PLAN REVIEW BACKGROUND REPORT DEMOGRAPHIC AND ECONOMIC PROFILE AND POPULATION AND HOUSING GROWTH FORECAST NOVEMBER 21, 2012 IN ASSOCIATION WITH: CONTENTS Page 1. INTRODUCTION
More informationFlorida: An Economic Overview
Florida: An Economic Overview May 14, 2014 Presented by: The Florida Legislature Office of Economic and Demographic Research 850.487.1402 http://edr.state.fl.us Key Economic Variables Improving Economy
More informationSPECIAL REPORT. TD Economics THE WORRISOME DECLINE IN THE U.S. PARTICIPATION RATE
SPECIAL REPORT TD Economics THE WORRISOME DECLINE IN THE U.S. PARTICIPATION RATE Highlights The U.S. participation rate has declined significantly over the last few years, dragging the U.S. the labor force
More informationMANITOBA Building to a plateau
CONSTRUCTION & MAINTENANCE LOOKING FORWARD MANITOBA Building to a plateau HIGHLIGHTS 2017 2026 DISTRIBUTION OF CONSTRUCTION EMPLOYMENT IN 2017, MANITOBA Construction activity in Manitoba is expected to
More informationWeekly Economic Commentary
LPL FINANCIAL RESEARCH Weekly Economic Commentary March 4, 2013 Marching Toward the Pre-Recession Peak John Canally, CFA Economist LPL Financial Highlights The U.S. economy needs to add another 2.7 million
More informationECONOMIC OUTLOOK GROWING BUT SLOWING. Chris Akers State Demography Office November 4, 2016
z ECONOMIC OUTLOOK GROWING BUT SLOWING Chris Akers State Demography Office November 4, 2016 OVERVIEW Global Economic Outlook Better in 2017 U.S. Economic Overview Slowing Job Growth Colorado 2015 Economic
More informationSussex Demographic and Labor Market Trends
Sussex Demographic and Labor Market Trends Ed Simon (302) 672-6845 edward.simon@state.de.us October 28, 2009 Introduction Statistical Update Changing economic and labor market conditions Impact on population
More informationEconomic Potential Drives Commercial Real Estate
Boom Boom Boom What Drives Commercial Real Estate Today September, 2016 First American Financial Corporation makes no express or implied warranty respecting the information presented and assumes no responsibility
More informationEconomic Spotlight Working Smarter: Productivity in Alberta
Economic Spotlight Working Smarter: Productivity in Alberta Why Productivity Matters Productivity isn t everything, but in the long run it is almost everything. A country s ability to improve its standard
More informationOVERVIEW OF THE SAN DIEGO REGION Current Conditions and Future Trends
OVERVIEW OF THE SAN DIEGO REGION Current Conditions and Future Trends Why do we need a Regional Comprehensive Plan? Let s examine the facts. It helps to look at some objective statistical information that
More informationPerspectives JAN Market Preview: U.S. Economy
Perspectives JAN 2019 2019 Market Preview: U.S. Economy THE VIEW FROM THE TOP? 2018 saw another positive year of economic growth, and for some the Great Recession is slowly becoming a distant memory. The
More informationNEW ENGLAND ECONOMIC UPDATE
NEW ENGLAND ECONOMIC UPDATE Real Estate Finance Association Annual Forecasting Luncheon January 15, 2014 Alicia Sasser Modestino Senior Economist New England Public Policy Center Federal Reserve Bank of
More information"Opportunities and Challenges of Demographic Change in Europe"
SPEECH/10/385 László Andor EU Commissioner Employment, Social Affairs and Inclusion "Opportunities and Challenges of Demographic Change in Europe" Economic Council Brussels Brussels, 13 July 2010 Ladies
More information2017 ECONOMIC AND WORKFORCE PROFILE Dodge County
2017 ECONOMIC AND WORKFORCE PROFILE Dodge County STATE OF WISCONSIN DETI-17957-DOD-P (R. 3/2018) Percentage of Total Popula on, Ages 65 and Older Wisconsin now has more people employed and more private
More informationLabor Force Participation Rates by Age and Gender and the Age and Gender Composition of the U.S. Civilian Labor Force and Adult Population
May 8, 2018 No. 449 Labor Force Participation Rates by Age and Gender and the Age and Gender Composition of the U.S. Civilian Labor Force and Adult Population By Craig Copeland, Employee Benefit Research
More informationMonetary Policy as the Economy Approaches the Fed s Dual Mandate
EMBARGOED UNTIL Wednesday, February 15, 2017 at 1:10 P.M., U.S. Eastern Time OR UPON DELIVERY Monetary Policy as the Economy Approaches the Fed s Dual Mandate Eric S. Rosengren President & Chief Executive
More informationUnemployment Rates - May 2011
June 3, 2011 DATA BRIEF: Black Employment and Unemployment in May 2011 by Sylvia Allegretto, Ary Amerikaner, and Steven Pitts The unemployment rate for Blacks was 16.2% last month. This is according to
More informationTHE RHODE ISLAND ECONOMIC OUTLOOK AND FORECAST: MATCHING SKILLS TO JOBS
THE RHODE ISLAND ECONOMIC OUTLOOK AND FORECAST: MATCHING SKILLS TO JOBS Through April of 2012, Rhode Island continued to have the second highest unemployment rate in the United States with 62,178 people
More informationCalifornia County-Level Economic Forecast
Shasta County - Subset California County-Level Economic Forecast 217-25 California County-Level Economic Forecast 217-25 September 217 This publication was prepared for: Transportation Economics Branch
More informationRecession Risk Remains Low
Recession Risk Remains Low November 5, 2018 by Urban Carmel of The Fat Pitch Summary: The macro data from the past month continues to mostly point to positive growth. On balance, the evidence suggests
More informationCommunity and Economic Development
192 193 194 195 196 197 198 199 2 21 22 23 24 2-1 Lycoming County Comprehensive Plan Update 218 Community and Economic Development At a Glance Over the last ten years, has experienced a decline in population,
More informationcepr Analysis of the Upcoming Release of 2003 Data on Income, Poverty, and Health Insurance Data Brief Paper Heather Boushey 1 August 2004
cepr Center for Economic and Policy Research Data Brief Paper Analysis of the Upcoming Release of 2003 Data on Income, Poverty, and Health Insurance Heather Boushey 1 August 2004 CENTER FOR ECONOMIC AND
More informationMarket Bulletin. The wage puzzle. August 21, In brief. U.S. wages A failure to launch
Market Bulletin August 21, 2015 The wage puzzle In brief Structural, not cyclical, factors are largely responsible for the lack of wage growth in recent years. These factors such as the retirement of baby
More informationQUARTERLY FINANCIAL REPORT
QUARTERLY FINANCIAL REPORT Page Key Trends... 2 Executive Summary... 3 Economic Indicators... 4 General Fund... 8 Public Safety & Justice... 10 Land Use, Housing & Transportation... 11 Health & Human Services...
More informationFOR RELEASE: ONLINE: December 6, 2017, 5:00 p.m. PRINT: December 7, 2017
T Chapman University A. Gary Anderson Center for Economic Research FOR RELEASE: ONLINE: December 6, 2017, 5:00 p.m. PRINT: December 7, 2017 CONTACT: James Doti, President Emeritus and Donald Bren Distinguished
More informationRecession Risk Low, But Starting To Rise
Recession Risk Low, But Starting To Rise December 10, 2018 by Urban Carmel of The Fat Pitch Summary: The macro economic story is starting to change. The data from the past month continues to mostly point
More informationAnayeli CabDoor Salem, OR STATE OF THE WORKFORCE MID-VALLEY JOBS REPORT
Anayeli CabDoor STATE OF THE WORKFORCE MID-VALLEY JOBS REPORT 2018 The health care sector is projected to continue being one of the fastest growing sectors in the Mid-Valley. A LETTER FROM THE EXECUTIVE
More informationThe Equifax Economic and Credit Markets Outlook
The Equifax Economic and Credit Markets Outlook A CUNA Roundtable Amy Crews Cutts SVP- Chief Economist, Equifax May 15, 2014 Comments on the Economic Outlook General forecast is that economic growth accelerates
More information2017 ECONOMIC AND WORKFORCE PROFILE Douglas County
2017 ECONOMIC AND WORKFORCE PROFILE Douglas County STATE OF WISCONSIN DETI-17957-DOU-P (R. 3/2018) Percentage of Total Popula on, Ages 65 and Older Wisconsin now has more people employed and more private
More informationData can inspire plan changes
REFERENCE POINT Data can inspire plan changes TABLE OF CONTENTS Executive Summary... 3 Auto-Solutions... 5 Contributions...14 Investments...32 Loan and Disbursement Behavior...43 Need more robust industry
More information2017 ECONOMIC AND WORKFORCE PROFILE Sauk County
2017 ECONOMIC AND WORKFORCE PROFILE Sauk County STATE OF WISCONSIN DETI-17957-SAK-P (R. 3/2018) Percentage of Total Popula on, Ages 65 and Older Wisconsin now has more people employed and more private
More information8,400 NEW ENTRANTS 2,600 (-6.5%) EMPLOYMENT CHANGE
CONSTRUCTION & MAINTENANCE LOOKING FORWARD Manitoba Construction investment slows from the peak HIGHLIGHTS 2018 2027 The Manitoba construction industry has seen a significant expansion over the past decade,
More informationWhen will US Employment Recover from the Great Recession?
Periodical Articles Upjohn Research home page 2011 When will US Employment Recover from the Great Recession? Randall W. Eberts W.E. Upjohn Institute, eberts@upjohn.org Citation Eberts, Randall W. 2011.
More informationWeek Thirty: The Elderly and the Economy
IES Weekly Focus: Response with Evidence Weekly Skill: Response with Textual Evidence Lesson Summary: This week students will have a chance to apply economic concepts to a current issue. They will also
More informationTHE ECONOMY IN 2017: BETTER, BUT WORSE!
THE ECONOMY IN 2017: BETTER, BUT WORSE! Presented by: Elliot F. Eisenberg, Ph.D. President: GraphsandLaughs, LLC May 12 2017 Harrisburg, PA The Economy is Solid! GDP = C+I+G+(X-M) The Stock Market Is Doing
More informationObservations on Alaska s Economy and Economic Implications of Alaska s Fiscal Choices
Observations on Alaska s Economy and Economic Implications of Alaska s Fiscal Choices Gunnar Knapp Director and Professor of Economics Institute of Social and Economic Research University of Alaska Anchorage
More informationTHE EMPLOYMENT SITUATION JULY 2018
Transmission of material in this news release is embargoed until 8:30 a.m. (EDT) Friday, August 3, USDL-18-1240 Technical information: Household data: Establishment data: Media contact: (202) 691-6378
More informationTable 1: Economic Growth Measures
US Equities continued to advance in the second quarter, with the S&P 500 returning 5.2% for the quarter and 7.1% for the first half. Energy was by far the best performing sector in the quarter, returning
More informationEmployee Benefits for a Multi-Generational Workforce
Employee Benefits for a Multi-Generational Workforce There s an unusual phenomenon occurring in today s workforce. Three distinct generations Baby Boomers, Gen-Xers and Millennials are working alongside
More informationRifle city Demographic and Economic Profile
Rifle city Demographic and Economic Profile Community Quick Facts Population (2014) 9,289 Population Change 2010 to 2014 156 Place Median HH Income (ACS 10-14) $52,539 State Median HH Income (ACS 10-14)
More informationUS Household Ownership of Mutual Funds in Most Mutual Fund Owners Are Educated and in Their Prime Earning Years
ICI RESEARCH PERSPECTIVE 1401 H STREET, NW, SUITE 1200 WASHINGTON, DC 20005 202-326-5800 WWW.ICI.ORG OCTOBER 2016 VOL. 22, NO. 7 WHAT S INSIDE 2 US Household Ownership of Mutual Funds in 2016 2 Most Mutual
More informationA Recession Is Not On The Way
A Recession Is Not On The Way June 2, 2018 by Urban Carmel of The Fat Pitch June Macro Update: Unemployment Claims at a 49 Year Low Summary: The macro data from the past month continues to mostly point
More informationEntrepreneurship in the Nebraska Economy. Eric Thompson (November 15, 2006)
Entrepreneurship in the Nebraska Economy Eric Thompson (November 15, 2006) Entrepreneurs benefit from the freedom, self-reliance and opportunity to build wealth that accompanies business ownership. In
More informationNovember 15, Northern Trust Global Economic Research 50 South LaSalle Chicago, Illinois northerntrust.com
November 1, 01 Northern Trust Global Economic Research 0 South LaSalle Chicago, Illinois 6060 northerntrust.com Carl R. Tannenbaum Chief Economist 1.7.880 ct9@ntrs.com Asha G. Bangalore Economist 1..16
More informationLabour Market Trends
STUC SG Biannual June 2013 Employment in is increasing and unemployment is decreasing. is outperforming the on all headline labour market measures, employment, unemployment and inactivity. Recent increases
More informationOwasso Returns to Trend Growth Rate in 2017
217 Owasso, OK Economic Outlook Contact: Mark C. Snead, President and Economist March 23, 217 mark.snead@regiontrack.com (8) 762-57 Owasso Returns to Trend Growth Rate in 217 The Owasso economy slowed
More informationJOB SITUATION INCOME. 3 rd Quarter 2015 PITTSBURGH
3 rd Quarter PITTSBURGH JOB SITUATION The Pittsburgh market area will continue to experience slow and steady economic growth through the remainder of and into next year. The market area s employment is
More information