Employment
Governors Pitch Novel Tactics to Create Jobs
As the US economy gains strength and states are in their best financial position in years, governors are proposing tactics to create jobs, especially in health care and high-tech. In crafting their proposals, many governors are trying to respond to a common complaint from employers: They are ready to hire, but can’t find workers with the right skills. more »
Janet Yellen: A Quiet Swearing In for First Woman Fed Chairwoman and a Women's College Graduate
Janet Yellen took office as Chair of the Board of Governors of the Federal Reserve System on February 3, 2014. She and her Nobel Prize-winning husband, wrote a paper on the fair wage-effort hypothesis, in that workers proportionately withdraw effort as their actual wage falls short of their fair wage. Such behavior causes unemployment and is also consistent with observed cross-section wage differentials and unemployment patterns. more »
Size of Gender Pay Gap Varies By State, Job
Susan Milligan writes: Female workers don't need to be told what numerous studies have concluded: Women, on average, are paid less than men, even when they are doing the same job. But where workers live also makes a difference. Female workers in Wyoming earn just 65.5 percent of what men earn, worst of any state. In the nation’s capital, women fared best and are nearly at parity, making 94.8 cents on the male-earned dollar. more »
Which States Will Generate Jobs in 2014? "A Breakout Year"
Pamela Prah writes: After four years of a fragile and uneven recovery, the US job machine is likely to kick into high gear in 2014. Even recession-battered states such as Arizona and Florida are expected to generate jobs at a healthier clip. Overall, the economy is projected to generate 2.6 million jobs in 2014 year, up from 2.2 million last year, largely on the strength of the country’s booming health care, energy and high-tech sectors. more »