Labor Force Growth Slows, Hispanic Share Grows
Hispanics will account for three-quarters of the growth in the nation’s labor force from 2010 to 2020, according to new projections from the Bureau of Labor Statistics (BLS). One major reason is that the Hispanic population is growing rapidly due to births and immigration. At the same time, the aging of the non-Hispanic white population is expected to reduce their numbers in the labor force.
Young, Underemployed and Optimistic
Young adults hit hard by the recession. A plurality of the public believes young adults, rather than middle-aged or older adults, are having the toughest time in today’s economy.
Adding Context to the Census Bureau’s Income and Poverty Report
Pew Research Center reports can add context to the Census Bureau’s release of 2010 data on U.S. income, poverty and health insurance coverage. These Pew Research Center reports, linked to in this article, have documented the impact of the Great Recession and shaky recovery on Americans’ wealth, work lives, personal finances and emotional well-being.
Two Years of Economic Recovery: Women Lose Jobs, Men Find Them
During the sluggish two-year recovery from the Great Recession, men have gained 768,000 jobs while women have lost 218,000 jobs. This new gender gap in employment trends represents a sharp turnabout from the recession itself, when men lost more than twice as many jobs as women.
Lifetime Earnings of College Graduates
A new Pew Research Center analysis, using Census Bureau data, estimates that the typical adult with a bachelor’s degree (but no further education) will earn $1.42 million over a 40-year career, compared with $770,000 for a typical high school graduate.
Is College Worth It?
College costs are rising, student debt is mounting, and most Americans say college fails to deliver good value for the money. Meantime, only 19% of college presidents say the U.S. system is the best in the world. However, more than eight-in-ten college graduates say college was a good investment for them personally.
Working Wives and Unemployed Husbands
Among married couples with their own children under 18 at home, the share with a working wife and unemployed husband went up in 41 states in 2009, compared with the year before, according to a new Census Bureau analysis of data from the American Community Survey.
Most ’Re-employed’ Workers Say They’re Overqualified for Their New Job
Workers who suffered a spell of unemployment during Great Recession are, on average, less satisfied with their new jobs than workers who didn’t. They are more likely to consider themselves over-qualified for their current position.
Lost Income, Lost Friends – and Loss of Self-respect
Long-term unemployment takes a much deeper toll than short-term unemployment on a person’s finances, emotional well-being and career prospects.
Women, Men and the New Economics of Marriage
In the past, when relatively few wives worked, marriage enhanced the economic status of women more than that of men. Recently, however, the economic gains associated with marriage have been greater for men.