Latest Labor economics Stories

NEW YORK, July 2, 2012 /PRNewswire/ -- Online advertised vacancies rose 232,000 in June to 4,947,100, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series released today. Following little growth in the first two months of the second quarter, June closed out the quarter with a strong gain. The Supply/Demand rate stands at 2.7 unemployed for every vacancy. "Online labor demand in the first half of 2012 increased by an average of 104,000 per month, but...

Employment policy is also health policy according to a University of British Columbia study that found that workers experienced higher mortality rates if they didn't have access to social protections like employment insurance and unemployment benefits. Researchers with the Human Early Learning Partnership and the School of Population and Public Health at UBC found that low and medium-skilled workers in the United States are at a greater risk of death if they lose their job than their...

Though many may dread the idea, young adults who move back home with mom and dad after a job loss may benefit from it more than they realize. Research published in the Journal of Political Economy finds that returning to the nest can be valuable insurance in a tough labor market, serving as a short-term safety net while also keeping long-term earnings from being stunted by a job loss. "Intuitively, it makes sense that people move home after an employment shock," said Greg Kaplan, an...

ARLINGTON, Va., June 19, 2012 /PRNewswire-USNewswire/ -- The pace of wage growth in the private sector is likely to continue to accelerate modestly in the coming months, according to the revised second quarter Wage Trend Indicator(TM) (WTI) released today by Bloomberg BNA, a leading publisher of specialized news and information. (http://photos.prnewswire.com/prnh/20120110/DC33627LOGO) The index rose to 98.69 (second quarter 1976 = 100) from 98.42 in the first quarter. "The latest...

WASHINGTON, June 18, 2012 /PRNewswire-USNewswire/ -- The U.S. Department of Labor today announced guidance to state agencies responsible for Unemployment Insurance regarding short-time compensation, commonly referred to as "work sharing." Today's announcement is the latest in a series of innovative reforms to the UI program made possible by the Middle Class Tax Relief and Job Creation Act of 2012 signed by President Obama in February. "Work sharing is a win-win for workers and...

MILWAUKEE, June 12, 2012 /PRNewswire/ -- According to ManpowerGroup's (NYSE:MAN) third-quarter 2012 Manpower Employment Outlook Survey released today, hiring activity is expected to slow from last year at this time in two-thirds of the countries and territories surveyed. The survey reveals few clear signs of notable traction in the labor market, and employers are evidently adopting an intermittent hiring approach in response to economic uncertainty both at home and abroad. Bucking...

WASHINGTON, June 1, 2012 /PRNewswire-USNewswire/ -- Hudson Institute Chief Economist Time Kane (http://www.hudson.org/kane) is available to comment on the employment numbers released by the U.S. Bureau of Labor Statistics (BLS). Kane says: "Today's employment report from the BLS confirms our worst fears: for the third summer in a row, recovery is elusive. Both big numbers are moving backwards--higher unemployment and sluggish payrolls. Only this time the weakness in job creation...

NEW YORK, May 30, 2012 /PRNewswire/ -- Online advertised vacancies dipped 45,700 in May to 4,714,800, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series released today. The Supply/Demand rate stands at 2.6 unemployed for every vacancy. In May the number of unemployed was 7.7 million above the number of advertised vacancies -- compared to 10 million above in the fall of 2011. "After rising 564,000 over the last five months, labor demand dipped in May....

HARRISBURG, Pa., May 17, 2012 /PRNewswire-USNewswire/ -- Pennsylvania's seasonally adjusted unemployment rate was 7.4 percent in April, down one-tenth of a percentage point from the 7.5 percent March rate. Pennsylvania's unemployment rate was below the U.S. rate of 8.1 percent, and has been below the U.S. rate for 48 consecutive months, and at or below the U.S. rate for 66 consecutive months. The state's unemployment rate was down 0.5 percentage points from April 2011....

ARLINGTON, Va., May 15, 2012 /PRNewswire-USNewswire/ -- Annual wage gains for private sector workers are likely to increase in the coming months, according to the preliminary second quarter Wage Trend Indicator(TM) (WTI) released today by Bloomberg BNA, a leading publisher of specialized news and information. (Logo: http://photos.prnewswire.com/prnh/20120110/DC33627LOGO) The index rose to 98.70 (second quarter 1976 = 100) from 98.42 in the first quarter. "The latest WTI...