Campaigns against social security usually claim that Social Security Benefits discourage workers from being employed. Many right wing policy advocates point their fingers at Social Security Benefits as being expensive and further […]
Economists like to think that wages are set depending upon two basic factors plus a “catchall” variable. The two basic factors are expected price level and unemployment rate. The “catchall” variable stands […]
If your research project encompasses facts on U.S. Labor Market, here are some useful data sources and metrics that might illuminate insights for your research. Although there might be some discrepancies between […]
In a recent article published by the New York Times, Patricia Cohen and Ron Lieber made a brief inquiry on youth employment during summer 2015. In their writing piece, Cohen and Lieber […]
Employment statistics cannot be interpreted in a vacuum inasmuch as other economic indicators do determine employment growth. There are many nuances that require attention to detail. Indeed, details on June’s 2015 report […]
Although news on Consumption Expenditures show a decrease in nondurable goods, that does not mean consumers are cutting back expenditure severely. Thus far –June 25th 2015-, economists believe the demand side of […]
The more data we know, the more facts we start to understand about the U.S. GDP contraction on the first quarter of 2015. The United States Census Bureau released on June 10th […]
The “Strong Dollar” factor: “Strong Dollar” is said to be one of the main causes explaining the poor economic performance of the United States during the first quarter of 2015. United States’ […]
Labor Productivity increased 0.2 percent when comparing 2014 first quarter and 2015 first quarter. Hours worked by all persons in the labor market increased 0.3 percent in 2015Q1 vis-à-vis 2014Q1. Compensation per […]
Data on employment levels for April and May 2015 look favorable. Both months have shown increments above 200,000 jobs. However, the unemployment rate stubbornly hovers around 5.4%. In spite of U.S.’ GDP […]
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