PAY & BENEFITS • Dec 2016 • Volume 5 / Number 17
This article takes a look at five types of employer-sponsored defined contribution retirement plans in private industry. The article shows the overall employee participation rates, employee participation rates by type of plan, and overall employer costs and worker participation costs for all types of plans. All defined contribution plans described in this article have some form of employer cost.Read full article » | Download PDF
Many people think careers in healthcare require a lot of education. But the healthcare field has opportunities for workers with all levels of education, including those who do not have a bachelor's degree.
Labor market risks of a magnitude-6.8 Hayward Fault earthquake in the San Francisco Bay Area: an update
The 2015 Hollywood blockbuster movie “San Andreas” portrayed a doomsday scenario whereby virtually all of California was devastated by a major earthquake. Although the movie version is almost certainly different from a likely major earthquake scenario in California, the threat of a major and damaging earthquake in Northern California, and especially the San Francisco Bay Area is real, imminent and would be disruptive to businesses and the regional economy. Major earthquakes of magnitude 7.0 or greater can devastate public infrastructure, rendering transportation and public utilities such as gas, electricity and water out of service for days, weeks, and longer.
What the Consumer Expenditure Survey tells us about mortgage instruments before and after the housing collapse
In December 2007, the U.S. economy entered a recession that affected most consumers in some way. The unemployment rate rose from 5.0 percent at the start of the recession to 7.3 percent 1 year later and ultimately peaked at 10.0 percent in October 2009. Accompanying this recession was a collapse in the housing market—a phenomenon characterized by depreciating home values—beginning in 2007