Manufacturing Employment Hits All-Time Low. Will IRA Reverse the Trend?
U.S. manufacturing employment hit an all-time low as a percent of the total workforce, 8.3%.
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Job Quality Index Unchanged, Job Growth Slowing in Goods-Producing Industries
Job Quality Index shows that low-wage job growth has steadily outpaced high-wage job growth since 1990 for non-management workers.
Job Quality Index Edges Up, High-Quality Job Industries Contract Employment
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) edged up by 0.17% in February to 83.82, reflecting slightly faster growth in high-quality jobs than low-quality in the month. Contributing to the rise in the index was an increase of 61,500 jobs in health care and social…
ITC Report: Free Trade Harms Minorities, Manufacturing Workers, and Workers Without College
A new International Trade Commission (ITC) report on the distributional effects of trade points out that import competition has negative and disproportionate effects on minority workers, workers without college education, and workers in manufacturing. In October 2022, the ITC published a report entitled “Distributional Effects of Trade and Trade Policy on U.S. Workers.” (https://www.usitc.gov/publications/332/pub5374.pdf)…
Job Quality Index Up Slightly as High and Low Quality Jobs Rise
The U.S. Private Sector Job Quality Index (JQI) rose by a slight 0.03% 81.03 in September as both low-quality and high-quality jobs rose.
U.S. Income Inequality Widened Further in 2021
The top 5% and top 20% of U.S. households have enjoyed most of the gains in U.S. GDP since 1970. Bottom 20% have seen almost no gains in 50 years.
Job Quality Index Falls to 81.07
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) fell 0.45% to 81.07 in August, as low-quality job additions exceeded high-quality additions. Low quality jobs, i.e. jobs that pay weekly wages below the national average for all production and nonsupervisory workers, increased in the latest month, particularly…
House Prices Move Further Out of Reach for Young Families
By Amanda Mayoral Summary Americans are working harder and waiting longer to buy homes The cost of a home is 6 times median household income today, versus 3.2 times in 1967 The disparity between house prices and median incomes was exacerbated by the COVID pandemic which drove a 37% increase in house prices…
Job Quality Index Up Slightly As High & Low Quality Jobs Rise
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) edged up by 0.01% to 81.279 in July, as the addition of high-quality jobs slightly exceeded low-quality job additions. High-quality jobs increased in professional and business services and health care and social assistance. Low quality jobs increased…
Job Quality Index Slips As Economy Adds Jobs
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) edged down by 0.03% to 81.27 in June, as low-quality job growth slightly exceeded high-quality. Low-quality jobs increased in the healthcare, accommodation, and food service industries. High-quality jobs increased in professional and business services. The average weekly wage…
