Chart shows total lost work days [000s] for the 12 months ended with the X-axis month. Data source:: USDOL-BLS |
04 April 2014
• U.S. Days of Work Lost Due to Labor Disputes (Strikes)
• U.S. Employment Situation – March 2014
| Total nonfarm payroll employment rose by 192,000 in March, and the unemployment rate
was unchanged at 6.7 percent. Employment grew in professional and business services, in health care, and in mining
and logging.
In March, the number of unemployed persons was essentially unchanged at 10.5 million, and the unemployment rate held at 6.7 percent. Both measures have shown little movement since December 2013. Over the year, the number of unemployed persons and the unemployment rate were down by 1.2 million and 0.8 percentage point, respectively. See the complete report at this link: USDOL-BLS |
03 April 2014
• U.S. Starting Salaries Up 1.2 Percent for Class of 2014 Grads
| The average starting salary for new college graduates earning bachelor’s degrees has increased 1.2 percent over last year, according to a new report by the National Association of Colleges and Employers (NACE).
See the complete report at this link: NACEWeb.org |
• U.S. Presidential Memorandum Updating and Modernizing Overtime Regulations - March 13, 2014;
| AGENCY: Wage and Hour Division, Department of Labor.
On March 13, 2014, President Barack Obama issued a memorandum to the Secretary of Labor, directing him to modernize and streamline the existing overtime regulations for executive, administrative and professional employees. The last change to these overtime regulations was in 2004. The text of this memorandum reads…. See the complete report at this link: Federal Register of 03 APR 2014 |
• U.S Multifactor Productivity Trends - 2012
| Private nonfarm business sector multifactor productivity increased at a 1.5
percent annual rate in 2012. This gain in 2012 reflected a 3.8-percent increase in output and
2.2-percent increase in the combined inputs of capital and labor. Capital services grew by 1.4 percent, and labor input – which is the combined effect of hours worked and labor composition – grew 2.7 percent, the largest gain since 1997. Capital services per hour of all persons decreased at a rate of 0.8 percent in 2012 after falling 1.1 percent in 2011. The decreases in 2011 and 2012 are the only two years of decline in the measure which began in 1987. See the complete report at this link: USDOL-BLS |
• U.S. Initial Unemployment Claims – 29 March 2014
| In the week ending March 29, the advance figure for seasonally adjusted initial claims was 326,000, an increase of 16,000 from the previous week's revised figure of 310,000. The 4-week moving average was 319,500, an increase of 250 from the previous week's revised average of 319,250. The advance seasonally adjusted insured unemployment rate was 2.2 percent for the week ending March 22, an increase of 0.1 percentage point from the prior week's revised rate. The highest insured unemployment rates in the week ending March 15 were in Alaska (5.3), New Jersey (3.9), Pennsylvania (3.8), Connecticut (3.7), Rhode Island (3.7), California (3.4), Illinois (3.4), Montana (3.4), Massachusetts (3.3), and Wisconsin (3.3). The largest increases in initial claims for the week ending March 22 were in Texas (+2,424), Florida (+1,698), Puerto Rico (+668), Iowa (+580), and Kansas (+326), while the largest decreases were in California (-8,725), Nebraska (-1,121), Washington (-801), Arkansas (-713), and Tennessee (-698). Click on chart to enlarge Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits. See the complete report at this link: USDOL-BLS |
01 April 2014
• U.S. Occupational Employment and Wages - 2013
Most of the largest occupations were relatively low paying. Of the 10 largest occupations, only registered nurses, with an annual mean wage of $68,910, had an average wage above the U.S. all-occupations mean of $22.33 per hour or $46,440 annually.
 See the complete report at this link: USDOL-BLS |
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