EMPLOYMENT & UNEMPLOYMENT • Nov 2020 • Volume 9 / Number 16
Despite being a leading driver of employment growth for decades, manufacturing has shed employment over the past 40 years as the U.S. economy has shifted to service-providing industries. This article looks at the broad employment trends in manufacturing over the past 40 years, as well as the trends in specific industries that have been most affected.Read full article » | Download PDF
This Beyond the Numbers article analyzes the consumer spending patterns on major healthcare components across income quintiles, age, race and ethnicity, and homeownership status of consumer units (CUs) from 2004 to 2018. Using data from the Consumer Expenditure Surveys (CE), this article also describes the effects of prices on healthcare expenditures.
How successful are jobseekers in finding jobs? How many applications does it take to get an interview? How likely is a job offer after an interview? Are job offers accepted or turned down? Data on job search are typically not available for large representative samples or do not address all of these questions. However, data have become available that quantify job-seeking activity at a specific time during a person’s unemployment spell.
A tariff is a tax levied on an imported good with the intent to limit the volume of foreign imports, protect domestic employment, reduce competition among domestic industries, and increase government revenue. To understand the impact tariffs may have on domestically manufactured goods, this article uses the Producer Price Index (PPI) to examine price change before and after tariffs are levied. To expand the analysis, the article looks at additional variables such as changes in employment in targeted industries and changes in the number of imported goods. The U.S. steel tariffs of 2002 and the U.S. tire tariffs of 2009 provide helpful examples of tariff policy implemented to aid struggling U.S. industries.