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Journal Article
College degrees: why aren't more people making the investment?
The benefits of a college diploma are many, including higher pay, lower unemployment, maybe even better health. Yet many high school graduates still do not pursue a college degree. This article examines several key reasons why more people aren?t making this investment in themselves.
Briefing
Why Are Women Leaving the Labor Force?
The female labor force participation (LFP) rate has dropped steadily since 2000, especially among single women. At the same time, the percentage of single women has grown as a share of the female population, a trend that has increased the impact of the single women's LFP rate on the aggregate women's LFP rate. An analysis of data from the Current Population Survey shows that a growing percentage of single women who are not in the labor force are going to school. Meanwhile, an increasing share of married women list retirement as the reason for no longer participating in the labor force.
Journal Article
Aging and the Economy: The Japanese Experience
Because of its unusually high percentage of older people, Japan is heavily analyzed by other developed economies for studying the impact of aging on a macroeconomy. Does a large older population affect such things as output, inflation and labor force participation?
Journal Article
District Overview: Track Records for District, Nation Differ on Startups, Which Are an Important Driver of Job Growth
While the Eighth District?s track record on business startups is less impressive than that of the nation since 2006, the District performed better than the nation over the same time period in regard to business shutdowns.
Journal Article
Labor mismatch in the Great Recession: a review of indexes using recent U.S. data
Labor mismatch, also known as structural imbalance, can be defined as a poor match between the characteristics of unemployed workers and those required for vacant jobs. In the wake of the jobless recovery from the Great Recession, economists have sought to explain the coexistence of a high unemployment rate and increasing job openings as a mismatch phenomenon. This article reviews five studies that have contributed to the development of mismatch indexes and computes the corresponding indexes over the period May 2005?May 2012 using job vacancy data from the Conference Board Help Wanted OnLine ...
Journal Article
Job polarization leaves middle-skilled workers out in the cold
The economy has increased its demand for high-skilled (high-wage) workers, while opportunities for middle-skilled (middle-wage) jobs have declined. This ?job polarization? may require a shift in the sort of training that is encouraged for American workers.
Journal Article
A closer look at the decline in the labor force participation rate
The labor force participation rate has fallen from over 67 percent in 2000 to almost 63 percent today. Among the reasons are the downward trends in the percentages of women and young people in the labor force.
Journal Article
Changes in the racial earnings gap since 1960
Income inequality between races has been a widely used indicator of economic prosperity and opportunity (or the lack thereof) within the diverse population of the U.S. The Civil Rights Act of 1964 prohibited discrimination in public places, provided for the integration of schools and other public facilities, and made employment discrimination illegal, thus improving the quality of education and providing more job opportunities for African-Americans. Nevertheless, disparities remain.