Graphs The State Of The U S Labor Market Center For American Progress

Visualized The State Of The U S Labor Market Washington, d.c. – in advance of tomorrow’s monthly employment report from bls, the center for american progress today released an analysis of the current state of the u.s. labor market. The labor force participation rate for prime age women hit 77.0 percent, exceeding the level in 2019 (76.0 percent) and setting a new high for the share of women either working or looking for work.

Graphs The State Of The U S Labor Market Center For American Progress Both factors contribute to the wage gap because they translate to women of color earning lower hourly wages than full time workers and men. women of color are slightly less likely than white women. Women made up 47% of the u.s. civilian labor force in 2023, up from 30% in 1950 – but growth has stagnated, bureau of labor statistics (bls) data shows.the share of women in the labor force generally grew throughout the second half of the 20th century but has since leveled off. Trend toward employment polarization in the u.s. labor market. employment losses during the recent recession were far more severe in middle skill white and blue collar jobs than in either hig. skill, white collar jobs or in low skill service occupations.the earnings of college educated workers relative to high school. The last time the u.s. labor market was this strong was in 1969. unemployment fell to 3.3%, incomes were soaring to historic levels, and inflation was rising at a fast clip. like today, the federal reserve was tightening monetary policy to stifle inflation. yet much of the wage increases were washed out by rising consumer prices.

Graphs The State Of The U S Labor Market Center For American Progress Trend toward employment polarization in the u.s. labor market. employment losses during the recent recession were far more severe in middle skill white and blue collar jobs than in either hig. skill, white collar jobs or in low skill service occupations.the earnings of college educated workers relative to high school. The last time the u.s. labor market was this strong was in 1969. unemployment fell to 3.3%, incomes were soaring to historic levels, and inflation was rising at a fast clip. like today, the federal reserve was tightening monetary policy to stifle inflation. yet much of the wage increases were washed out by rising consumer prices. There was a small decline in labor productivity in the first quarter of 2020, down 0.3 percent, as output declined ( 6.4 percent) slightly more than hours worked ( 6.1 percent). while we had not experienced declining productivity in nearly 3 years, small increases or decreases in the quarterly change are common. U.s. bureau of labor statistics, “labor force statistics from the current population survey, employed and unemployed full and part time workers by age, sex, race, and hispanic or latino.