Posts tagged unemployment

    Opinion: Apprenticeships, Not College, Can Help Reduce Unemployment

    June 25, 2022 // We estimate that the entirety of our current employment gap is driven by people without children under 18 at home and most predominantly by young adults. While total employment is down 0.28% since the start of the pandemic, employment among 20- to 24-year-olds is down 3.7%. Claudia Goldin, Mazda Toyota Manufacturing, employment gap, Huntsville, Alabama, National Student Clearinghouse Research Center, Pathways, Industry-Recognized Apprenticeship Programs, IRAP model,

    Great Resignation: Study finds 40% of workers plan on changing jobs next 6 months

    June 16, 2022 // Robert Half, a global talent solutions firm, reports 4 in 10 workers plan to look for a new job in the next 6 months. The findings indicate a continuation of what has been called the 'great resignation' as many workers opted to change companies during the COVID-19 pandemic. According to the company's Job Optimism Report, the top reasons for a career change cited by workers includes earning more money (65%), greater advancement opportunities (39%), and a change sought due to burnout (34%). Adrian Mojica

    Connecticut: OP-ED | Unemployment Benefits For Striking Workers? No, It’s Not The Onion

    April 26, 2022 // Senate Bill 317 is highly unusual, but not unheard of. Then-New York Gov. Andrew Cuomo signed similar legislation on the eve of the pandemic in 2020 and another such law passed four years ago in New Jersey, but in most cases benefits for striking Garden State workers only kick in after 30 days. Like Connecticut, both of those states have struggled with budget deficits over the last several years, though the most recent shortfalls have been mitigated by federal coronavirus relief funds.

    What Is Happening in This Unprecedented U.S. Labor Market?

    December 8, 2021 // SUMMARYNever before has the United States experienced a labor shortage of today’s magnitude. Particularly extraordinary is that the current labor shortage exists alongside still-high unemployment and rising compensation packages, which should spur more workers into jobs. The employment gap equals about 5.8 million workers—3.7 percent of the workforce. Government policies enacted in the name of COVID-19 relief seem to have consistently held employment back, and the looming multitrillion-dollar tax-and-spend, central-planning package threatens to cement the weak employment market.