Employment
GAO & VETERANS HEALTH CARE: Agency Efforts to Provide and Study Prosthetics for Small but Growing Female Veteran Population
Prosthetics for female veterans has been a national research priority for the Veterans Health Administration since 2017. VHA has funded 8 related studies, but officials said recruiting participants is a challenge. Although the female veteran population is growing, it remains small. Women make up just about 3% of the veteran amputee population. Female veterans received other "prosthetics" from VHA — like eyeglasses and wheelchairs — in addition to artificial limbs. Women made up 7.9% of those receiving prosthetic services in FY 2019, and accounted for about $889 million of the $15.4 billion cost of prosthetics VHA provided from FYs 2015-19. One study aims to develop a prosthetic ankle-foot system that allows female veterans to more easily change footwear with different heel heights. more »
What GAO Found: Gender Pay Differences, The Pay Gap for Federal Workers Has Continued to Narrow, but Better Quality Data on Promotions Are Needed
As the nation's largest employer, the federal government employed about 2.7 million workers in 2019. Although the pay gap between men and women in the federal workforce is smaller than it is for the entire US workforce and has narrowed over time, studies show that pay disparities continue to exist. GAO was asked to explore the current status of pay equity in the federal workforce. This report examines how the pay gap between men and women in the federal workforce has changed since 1999, and what factors account for any remaining gap; and the extent to which OPM and EEOC have monitored and taken steps to address the pay gap in the federal workforce, including assessing potential disparities in promotions; among other objectives. more »
Fed Reserve Governor Michelle W. Bowman: The Changing Structure of Mortgage Markets and Financial Stability
"I will begin today by describing the evolving role of mortgage companies in mortgage markets and the risks to financial stability that activity entails. I will then focus on developments in mortgage markets during the COVID-19 pandemic and discuss how actions by the Federal Reserve and the other parts of the government helped stabilize financial markets and prevent more severe damage to the economy. Finally, I will explain how vulnerabilities associated with mortgage companies could pose risks in the future, and I will review ongoing work across the regulatory agencies to monitor and address these vulnerabilities. I will end by enlisting your help. Figuring out how to achieve a balanced mortgage system — one that delivers the best outcomes for consumers while being sufficiently resilient — is a highly complex task that could benefit from the insights of those of you here today." more »
Veterans Day: Post-9/11 Veterans Earn More, Work More Hours Than Those Who Never Served in Armed Forces
Employment among the nation’s three million post-9/11 veterans was higher from 2014 to 2018 than it was among those who never served in the armed forces, according to a new US Census Bureau report on November 10th. In the 2014-2018 period, about 80% of post-9/11 veterans were employed compared with only 75% of nonveterans. In contrast with older veteran groups, such as those from the Vietnam era or Gulf War, post-9/11 veterans encountered very different labor markets after returning from the armed forces. As a result, post-9/11 veterans represent a unique and growing segment of the veteran population and the broader US workforce. more »