Friday, September 29, 2006

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[IWS] EuroStat: INTERNATIONAL DAY of OLDER PERSONS--EU Data [29 September 2006]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

EuroStat: 129/2006 - 29 September 2006

International Day of Older Persons
EU25 population aged 65 and over expected to double between 1995 and 2050
http://epp.eurostat.ec.europa.eu/pls/portal/docs/PAGE/PGP_PRD_CAT_PREREL/PGE_CAT_PREREL_YEAR_2006/PGE_CAT_PREREL_YEAR_2006_MONTH_09/3-29092006-EN-BP.PDF
[full-text, 4 pages]

The International Day of Older Persons, organised by the United Nations, will take place, as every year, on 1 October. In conjunction with this event, Eurostat is publishing statistics on the population aged over 65, which highlight some of their demographic, economic and social particularities compared to the total population.

Three persons in ten will be aged 65 and over in 2050

The share of persons aged 65 and over was 17% of the total population in the EU25 in 2005, compared to 15% in 1995. The Member States with the highest proportions in 2005 were Germany and Italy (both 19%) and Greece (18%), while the lowest were Ireland (11%), Cyprus and Slovakia (both 12%).

Projections2 for 2050 indicate that, in the EU25, the number of persons aged 65 and over might rise from 75 million in 2005 to nearly 135 million in 2050 (1995: 66 million). Their share in the total population is projected to increase to around 30% at the EU25 level, with the highest shares in Spain (36%), Italy (35%), Germany, Greece and Portugal (all 32%) and the lowest in Luxembourg (22%), the Netherlands (23%), Denmark and Sweden (both 24%).

10 years of healthy life after 65 for both men and women

Men were expected to live 10.1 years of healthy life without disabilities after the age of 65 in the EU15 in 2003; for women it was 10.7 years. In the Member States for which data are available, men in Cyprus (12.6 years) were expected to have most years of healthy life after 65 in 2003, followed by Italy (11.9 years), Belgium (11.7 years) and Spain (11.3 years). For women, Italy (14.4 years), followed by Belgium (12.6 years), Spain (12.5 years) and Austria (12.2 years) recorded most years of healthy life after 65.

The least years of healthy life after 65 for men were expected in Hungary (6.1 years), Finland (6.5 years), France and the United Kingdom (both 8.2 years) and for women in Finland (7.1 years), Hungary (7.2 years) and Portugal (7.7 years).

8% of 65-69 year olds in employment in the EU25 in 2005

Compared to an employment rate for persons aged 15 to 64 of 63.8% in the EU25 in 2005, the employment rate for persons aged 60 to 643 was 26.7% and for 65-69 year olds it was 8.2%. For the age group 60-64, the highest employment rates were recorded in Sweden (56.8%), Estonia (43.9%), Ireland (42.9%), the United Kingdom (42.0%) and Portugal (41.3%). For the age group 65-69, the highest employment rates were found in Portugal (28.4%), Cyprus (19.8%) and Latvia (18.7%).

The lowest employment rates for persons aged 60-64 were observed in Luxembourg (12.6%), Slovakia (12.7%) and France (13.0%). For the age group 65-69, the lowest rates were found in Slovakia (2.4%), Belgium (2.5%) and France (3.0%).

AND MORE...including TABLES...
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


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[IWS] BLS: Comparing A Firm’s Occupational Wage Patterns with National Wage Patterns (09/29/2006)

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

Compensation and Working Conditions (CWC) Online
http://www.bls.gov/opub/cwc/home.htm

NEW
Comparing A Firm�s Occupational Wage Patterns with National Wage Patterns (09/29/2006)
http://www.bls.gov/opub/cwc/cm20060922ar01p1.htm
or
http://www.bls.gov/opub/cwc/print/cm20060922ar01p1.htm

This article explains how employers can use National Compensation Survey (NCS) data to compare the wage structure in their firms with occupational pay relationships at the national level.

______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


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[IWS] BLS: PAY RELATIVES BY AREAS 2005 [Occupational] [29 September 2006]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

NCS Published Pay Relatives by Areas [29 September 2006]
http://www.bls.gov/ncs/ocs/payrel.htm

A pay relative is a calculation of pay--wages, salaries, commissions, and production bonuses--for a given metropolitan area relative to the nation as a whole. The calculation controls for differences among areas in occupational composition, establishment and occupational characteristics, and the fact that data are collected for areas at different times during the year.



OCCUPATIONAL PAY RELATIVES, 2005 [28 September 2006]
http://www.bls.gov/news.release/ncspay.nr0.htm
or
http://www.bls.gov/news.release/pdf/ncspay.pdf
[full-text, 6 pages]

The Bureau of Labor Statistics (BLS) of the U.S. Department of Labor produces relative occupational
pay comparisons between metropolitan areas and the United States as a whole. Using data from the National
Compensation Survey (NCS), pay relatives—a means of assessing relative pay differences—have been prepared
for 2005 for each of the 9 major occupational groups within 78 Metropolitan Statistical Areas (MSAs), as well
as averaged across all occupations for each area. (See table 1.) In addition, for the first time, similar area-to area
comparisons have been calculated for all 78 areas
and soon will be available on the BLS website at
http://www.bls.gov/ncs/ocs/payrel.htm.

The pay relative in 2005 for workers in construction and extraction occupations in the San Francisco
MSA was 123, meaning the pay in San Francisco in that occupational group averaged 23 percent more than the
national average pay for that occupational group. The pay relative averaged across all occupations in the San
Francisco MSA was 117, meaning that pay on average was 17 percent above the national average. By contrast,
the pay relative for workers in construction and extraction occupations in the Brownsville, Texas MSA was 72,
meaning pay for workers in those occupations averaged 28 percent less than the national average. Pay averaged
across all occupations in the Brownsville area was 19 percent below the national average. Pay relatives
calculated for all occupations were significantly different from the national average in 64 of the 78 areas.
The National Compensation Survey (NCS), introduced in 1997, collects earnings and other data on
employee compensation covering over 820 detailed occupations in 152 metropolitan and non-metropolitan
areas. Average occupational earnings from the NCS are published annually for more than 80 metropolitan areas
and for the United States as a whole.

______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


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[IWS] AGING WORKFORCE SUMMIT (26,27 OCTOBER in Chicago)

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

The AGING WORKFORCE SUMMIT (AGW), 26 & 27 OCTOBER, in Chicago
http://www.agwsummit.com/index.html

DESCRIPTION
AGW - The Aging Workforce Summit is a two-day global conference designed to educate and motivate senior corporate executives about the bottom-line impact of the financial and healthcare shortfalls exacerbated by an aging workforce.

CONTENT
AGW features general sessions providing information and solutions for companies addressing age-driven financial issues such as retirement savings shortfalls, the rising cost of healthcare, lost intellectual capital, etc., and their combined impact on the company. Additionally AGW will include how-to sessions, case studies and workshops.

ATTENDANCE
Companies who want and need to learn about the impact and realities of an aging workforce. Executives who need to understand the economic and enterprise-wide impact of an aging workforce and the loss of intellectual capital in a knowledge-based global economy.


Press Release 23 August 2006
Aging Workforce Summit Launched
Singular conference on bottom-line workforce issues
http://www.agwsummit.com/news_082306.html


Hartford, CT, August 23, 2006 ­ AGW ­ The Aging Workforce Summit ­ the only conference on solutions for dealing with the bottom-line financial and personnel pressures of our nation’s aging workforce ­ will be October 26-27, 2006 at the Mid-America Club Chicago.

Presented by Prudential Financial, AGW provides financial, retirement benefits and human resources decision-makers with presentations from leading experts in the issues of retirement funding, healthcare, work-life solutions, succession planning and the retention of institutional intelligence.

“This conference focuses on the business-critical and rapidly escalating issue of an aging workforce, which has significant global implications, and we are pleased to be a presenting sponsor,” said Deanna Garen, SVP of Strategic Planning, Prudential Retirement at Prudential Financial, Inc., and a member of the AGW Conference Leadership Committee. “Today's business leaders must plan now to solve the problems created by generational workforce-shifts before their companies lose the ability to serve their customers, effectively grow their businesses, and generate acceptable ROI despite dramatically higher retirement, healthcare, and labor costs.”

“America’s aging workforce, retirement issues, pensions and healthcare have been hot topics in trade journals and mainstream media,” said Nan McCann, President of PME Enterprises and producer of AGW. “While everyone is talking about the need to address these issues, the topic has been relegated to a sidebar at most HR and financial industry conferences. AGW is the only national conference dedicated to how to address these issues.”

AGW will provide insight and solutions to help senior HR, finance and benefits professionals understand and solve their organization’s age-driven challenges such as retirement savings shortfalls, pension funding, healthcare costs, and lost intellectual capital ­ and their combined impact on their company’s bottom line.

HR professionals listed rising healthcare costs and increasing numbers of retiring baby boomers among the top 10 trends that will have the biggest impact on the American workplace in the next decade (1). And surveys show that even though 70-80% of executives at big companies are concerned about the coming brain drain, fewer than 20% have begun to do anything about it (2).

(1) The 2006 Society for Human Resource Management Workplace Study
(2) “How to plug your company’s brain drain” Fortune, July 19, 2006

______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


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[IWS] ILR IMPACT BRIEFS: WAGE INEQUALITY--INTERNATIONAL DIFFERENCES and their sources [August 2006]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

ILR Impact Briefs
http://digitalcommons.ilr.cornell.edu/impactbrief/

The Impact Brief series highlights the research and project based work conducted by ILR faculty that is relevant to workplace issues and public policy.


BRIEF #10 /  August 2006 / WWW.ILR.CORNELL.EDU
The Sources of International Differences in Wage Inequality
by FRANCINE D. BLAU
Professor of Labor Economics (ILR)
LAWRENCE M. KAHN
Professor of Labor Economics (ILR)
http://digitalcommons.ilr.cornell.edu/briefs/21/
[full-text, 3 pages]

Research Question:
Wage inequality is greater in the United States than in eight other western nations; to what extent does the greater variation in adult literacy among  Americans explain these differences in wage inequality?

Conclusions:
The wider distribution of cognitive test scores among adults in the U.S. offers only a partial explanation for this country's higher wage inequality. Significantly more important are the larger wage gaps in the U.S. between people with higher levels and people with lower levels of measured cognitive skill and between those with more years and those with fewer years of schooling; higher wage variation associated with "unexplained/unobserved" factors is another source of wage inequality. The higher returns to skill and education in the U.S. probably reflect lower levels of coverage by collective bargaining contracts and a larger relative supply of low-skilled workers.

Policy implications:
Labor market institutions, such as widespread union membership and coverage by collectively bargained contracts (as is the case in many European countries), may boost wages at the bottom and reduce overall wage inequality but also price some younger and/or less skilled workers out of the labor market. In the U.S., expanding the supply of higher skilled workers may reduce wages for this group and thereby lessen wage inequality; that is, policies designed to narrow the gaps in cognitive skill and years of education may begin narrowing the disparity in wages.

AND MUCH MORE....


For a more in-depth analysis, see Blau, F. D. & Kahn, L. M. (2003).
Do cognitive test scores explain higher U.S. wage inequality?
http://digitalcommons.ilr.cornell.edu/articles/50/


Suggested Citation
Blau, F. D. & Kahn, L. M. (2006). The sources of international differences in wage inequality (ILR Impact Brief #10). Ithaca, NY: School of Industrial and Labor Relations, Cornell University.
http://digitalcommons.ilr.cornell.edu/briefs/21/


[ILR Impact Briefs are written and/or edited by Maralyn Edid]
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


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[IWS] BEA: PERSONAL INCOME AND OUTLAYS: AUGUST 2006 [29 September 2006]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

PERSONAL INCOME AND OUTLAYS:  AUGUST 2006 [29 September 2006]
http://www.bea.gov/bea/newsrel/pinewsrelease.htm
or
http://www.bea.gov/bea/newsrelarchive/2006/pi0806.pdf
[full-text, 12 pages]
or
http://www.bea.gov/bea/newsrelarchive/2006/pi0806.xls
[spreadsheet]
and
Highlights
http://www.bea.gov/bea/newsrelarchive/2006/pi0806_fax.pdf


Personal income increased $38.4 billion, or 0.3 percent, and disposable personal income (DPI)
increased $38.8 billion, or 0.4 percent, in August, according to the Bureau of Economic Analysis.
Personal consumption expenditures (PCE) increased $10.5 billion, or 0.1 percent.  In July, personal
income increased $57.2 billion, or 0.5 percent, DPI increased $62.0 billion, or 0.6 percent, and PCE
increased $75.9 billion, or 0.8 percent, based on revised estimates.

[TABLE]

                                  Wages and salaries

        Private wage and salary disbursements increased $2.5 billion in August, compared with an
increase of $30.3 billion in July.  Goods-producing industries' payrolls increased $1.6 billion,
compared with an increase of $3.1 billion; manufacturing payrolls decreased $0.5 billion, in contrast
to an increase of $1.5 billion.  Services-producing industries' payrolls increased $0.8 billion,
compared with an increase of $27.3 billion.  Government wage and salary disbursements increased
$3.0 billion, compared with an increase of $3.5 billion.


AND MUCH MORE...including TABLES...

______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


Thursday, September 28, 2006

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[IWS] Public Health Threat--Prevalence of Severe Poverty in America

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

American Journal of Preventive Medicine
Volume 31, Issue 4, Pages 332-341.e2 (October 2006)

The Rising Prevalence of Severe Poverty in America: A Growing Threat to Public Health
http://www.ajpm-online.net/article/PIIS0749379706002339/fulltext
or
http://download.journals.elsevierhealth.com/pdfs/journals/0749-3797/PIIS0749379706002339.pdf
[full-text, 12 pages]

ABSTRACT:

Background

The U.S. poverty rate has increased since 2000, but the depth of poverty experienced by Americans has been inadequately studied. Of particular concern is whether severe poverty is increasing, a trend that would carry important public health implications.

Methods

Income-to-poverty (I/P) ratios and income deficits/surpluses were examined for the 1990­2004 period. The severely poor, moderately poor, and near-poor were classified as those with I/P ratios of less than 0.5, 0.5 to 1.0, or 1.0 to 2.0, respectively. Income deficits/surpluses were classified relative to the poverty threshold as Tier I (deficit $8000 or more), Tier II (deficit or surplus less than $8000), or Tier III (surplus more than $8000). Odds ratios for severe poverty and Tier I were also calculated.

Results

Severe poverty increased between 2000 and 2004­those with I/P ratios of less than 0.5 grew by 20%, and Tier I grew by 45% to 55%­while the prevalence of higher levels of income diminished. The population in severe poverty was over-represented by children (odds ratio [OR]=1.69, confidence interval [CI]=1.63­1.75), African Americans (OR=2.84, CI=2.74­2.95), and Hispanics (OR=1.64, CI=1.58­1.71).

Conclusions

From 2000 to 2004, the prevalence of severe poverty increased sharply while the proportion of Americans in higher income tiers diminished. These trends have broad societal implications. Likely health consequences include a higher prevalence of chronic illnesses, more frequent and severe disease complications, and increased demands and costs for healthcare services. Adverse effects on children warrant special concern. The growth in the number of Americans living in poverty calls for the re-examination of policies enacted in recent years to foster economic progress.
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


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[IWS] EBRI: DEBT of the ELDERLY & NEAR ELDERLY, 1992-2004 [28 September 2006]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

Employee Benefit Research Insitute (EBRI)

EBRI Notes, Vol. 27, No. 9., September 2006

Debt of the Elderly and Near Elderly, 1992-2004 [28 September 2006]
http://www.ebri.org/publications/notes/index.cfm?fa=notesDisp&content_id=3747
or
http://www.ebri.org/pdf/notespdf/EBRI_Notes_09-20061.pdf
[full-text, 16 pages]

Abstract:
Families near or in retirement are falling deeper in dept, and the nation's
oldest families -- those with family heads age 75 or older -- have substantially
increased their debt levels, potentially putting their ability to finance
their remaining retirement at risk.
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


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[IWS] BEA: GDP & Corporate Profits: 2nd Qtr 2006 FINAL [28 September 2006]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

GROSS DOMESTIC PRODUCT:  SECOND QUARTER 2006 (FINAL) [28 September 2006]
CORPORATE PROFITS:  SECOND QUARTER 2006 (FINAL)
http://www.bea.gov/bea/newsrel/gdpnewsrelease.htm
or
http://www.bea.gov/bea/newsrelarchive/2006/gdp206f.pdf
[full-text, 15 pages]
or
http://www.bea.gov/bea/newsrelarchive/2006/gdp206f.xls
[spreadhsheet]
and
Highlights
http://www.bea.gov/bea/newsrelarchive/2006/gdp206f_fax.pdf

Real gross domestic product -- the output of goods and services produced by labor and property
located in the United States -- increased at an annual rate of 2.6 percent in the second quarter of 2006,
according to final estimates released by the Bureau of Economic Analysis.  In the first quarter, real GDP
increased 5.6 percent.

        The GDP estimates released today are based on more complete source data than were available for
the preliminary estimates issued last month.  In the preliminary estimates, the increase in real GDP was
2.9 percent (see "Revisions" on page 3).

        The increase in real GDP in the second quarter primarily reflected positive contributions from
personal consumption expenditures (PCE) for services, exports, nonresidential structures, state and local
government spending, and private inventory investment that were partly offset by negative contributions
from residential fixed investment and federal government spending.  Imports, which are a subtraction in
the calculation of GDP, increased.

        The deceleration in real GDP growth in the second quarter primarily reflected downturns in PCE
for durable goods, in equipment and software, and in federal government spending, decelerations in PCE
for nondurable goods and in exports, and a larger decrease in residential fixed investment that were
partly offset by a deceleration in imports, an acceleration in PCE for services, and an upturn in private
inventory investment.

AND MUCH MORE...including TABLES....

______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


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[IWS] ETUC Condemns WORLD BANK on WORKER RIGHTS in EU [28 September 2006]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

European Trade Union Confederation (ETUC)

See attached document relating to the release below.
ETUC collective bargaining bulletin 2006/3
Protecting the worker and not the job? The real lessons from collective bargaining practice in Denmark and Sweden.
http://www.etuc.org/IMG/pdf/2006_3_Protecting_the_worker_DK_En1-2.pdf
[full-text, 4 pages]


Press Release 28 September 2006
ETUC condemns World Bank for attacking workers’ rights in Europe
http://www.etuc.org/a/2854
or
In French
http://www.etuc.org/a/2855

Today, at the Union of Industrial and Employers’ Confederations of Europe (UNICE) headquarters, the World Bank is presenting its indicators on regulations that are supposedly hindering business activity. ‘Doing business’, the World Bank’s flagship publication, is in particular targeting workers’ rights that constitute the basic pillars of the European social dimension.

Countries that require advance notice for dismissal, establish a working week of less than 66 hours or set minimum wages above a certain very low level are considered investment-unfriendly, according to the World Bank’s logic. By the same absurd reasoning, a tiny country like the Marshall Islands is declared ‘best performer’ because of having no labour code at all.

The ETUC rejects such a simplistic approach and insists that workers’ rights should instead be seen by business as ‘beneficial constraints’. Setting standards for wages, working hours, work contracts and dismissal notification prevents employers from taking ‘the easy way out’ and simply exploiting their workforce to address problems of competitiveness. It encourages business strategies to focus on the agenda of innovation, productivity, and boosting workers’ skills.

Says John Monks, ETUC General Secretary: “The World Bank wants us to compete with China on the basis of low labour costs and bad working conditions. It is an illusion to think that Europe could build a modern labour market by returning to the sweatshop-style work practices of the 19th century.”

Experiences in several EU Member States point to the fact that there is no automatic trade-off between competitiveness and the European social dimension:

*
  The UK in 1999 and Ireland in 2000 introduced a statutory minimum wage. The UK minimum wage (€7.36 an hour) is now very close to the level of the French minimum wage (€8.03). Despite claims to the contrary, both the UK and Ireland have continued to enjoy a growing economy and a booming jobs market. In the UK in particular, one fifth of business responded to the minimum wage by improving work organisation and making it more productive.
*
  Workers in Sweden and Denmark enjoy advance notification periods that are amongst the longest in Europe. This, in turn, encourages firms to enter into collective agreements aimed at increasing workers’ skills and abilities to switch between jobs (see attachment describing Swedish career transition agreement and Danish agreements on flexicurity). It is no coincidence that both countries are seen as being ‘open to change’ and systematically located among the top ten most competitive nations in the world.
*
  Already, in the early nineties, the Netherlands did what the World Bank is condemning by giving part-time and other atypical workers equivalent rights and access to social protection (by, for example, extending statutory minimum wages to part-time workers). The Netherlands now enjoys an unemployment rate lower than the US, while inequalities and social exclusion have been kept in check.

There are also several cases in Europe vividly illustrating the disastrous results of the deregulatory approach the World Bank’s report is advocating:

*
  Germany has undergone one reform after another, thereby substantially weakening workers’ rights. The result? Corporate profits, but workers’ insecurity is at a historical high. Meanwhile, domestic demand remains weak and the economy is dragging itself from one slump in growth to the next.
*
  Labour market liberalisation in Italy and the high abuse of fixed-term work contracts in Spain have created a situation in which one third of workers are on atypical contracts. The result? A collapse in productivity growth leading to a continuing worsening of competitive positions.

Attachment: < http://www.etuc.org/IMG/pdf/2006_3_Protecting_the_worker_DK_En1-2.pdf > ETUC collective bargaining bulletin 2006/3 ‘Protecting the worker and not the job? The real lessons from collective bargaining practice in Denmark and Sweden.

______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


Wednesday, September 27, 2006

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[IWS] Census: GEOGRAPHIC MOBILITY: 2004 to 2005 [27 September 2006]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

Census

Geographic Mobility: 2004 to 2005 [27 September 2006]
Detailed Tables
http://www.census.gov/population/www/socdemo/migrate/cps2005.html


Press Release 27 September 2006]
http://www.census.gov/Press-Release/www/releases/archives/mobility_of_the_population/007575.html
Geographic Mobility: 2005 More than 39 million Americans, or about 14 percent of the population, changed addresses last year. A series of tables show characteristics of these movers, such as by race and Hispanic origin, age, marital status, educational attainment, labor force status, occupation and industry group, income and poverty status and reason for moving.

______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


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[IWS] BLS: METROPOLITAN AREA EMPLOYMENT AND UNEMPLOYMENT: AUGUST 2006 [27 September 2006]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

METROPOLITAN AREA EMPLOYMENT AND UNEMPLOYMENT:  AUGUST 2006 [27 September 2006]
http://www.bls.gov/news.release/metro.nr0.htm
or
http://www.bls.gov/news.release/pdf/metro.pdf
[full-text, 21 pages]
and
Supplemental Files Table of Contents
http://www.bls.gov/web/metro.supp.toc.htm

 Unemployment rates were lower in August than a year earlier in 238 of
the 367 metropolitan areas, higher in 94 areas, and unchanged in 35 areas,
the Bureau of Labor Statistics of the U.S. Department of Labor reported
today.  Twenty-six metropolitan areas registered jobless rates below 3.0
percent, while 2 areas recorded rates of 10.0 percent or more.  The na-
tional unemployment rate was 4.6 percent, not seasonally adjusted, down
from 4.9 percent a year earlier.

AND MUCH MORE...including TABLES....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


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[IWS] NIEHS: NANOTECHNOLOGY in the WORKPLACE--ETHICAL/SCIENTIFIC ISSUES [25 September 2006]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

National Institute of Environmental Health Sciences (NIEHS)
Environmental Health Perspectives

Ethical and Scientific Issues of Nanotechnology in the Workplace [25 September 2006]
by Paul A. Schulte and Fabio Salamanca-Buentello
http://www.ehponline.org/members/2006/9456/9456.pdf
[full-text, 46 pages]


Abstract
In the absence of scientific clarity about the potential health effects of occupational exposure to
nanoparticles, a need exists for guidance in decision-making about hazards, risks, and controls.
An identification of the ethical issues involved may be useful to decision-makers, particularly
employers, workers, investors, and health authorities. Since the goal of occupational safety and
health is the prevention of disease in workers, the situations that have ethical implications that
most affect workers have been identified. These situations include the (1) identification and
communication of hazards and risks by scientists, authorities, and employers, (2) workers'
acceptance of risk, (3) selection and implementation of controls, (4) establishment of medical
screening programs, and (5) investment in toxicologic and control research. The ethical issues
involve the unbiased determination of hazards and risks, nonmaleficence (doing no harm),
autonomy, justice privacy, and promoting respect for persons. As the ethical issues are identified
and explored, options for decision-makers can be developed. Additionally, societal deliberations
about workplace risks of nanotechnologies may be enhanced by special emphasis on small
businesses and adoption of a global perspective.


[Thanks to Shirl Kennedy at Docuticker.com for the tip]
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


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[IWS] SBA: FIRM SIZE DATA 2004 [27 September 2006]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

Office of Advocacy [Small Business Administration (SBA)]

FIRM SIZE DATA [27 September 2006]
http://www.sba.gov/advo/research/data.html

The U.S. Census Bureau released 2004 employment size data on the number of
firms, establishments, employment, and payroll by industry and state. In
addition, Metropolitan Statistical Area births, closures, and employment
changes by firm size for 2002-2003.

For example, see--

Private Firms, Establishments, Employment, Annual Payroll and Receipts by Firm Size, 1988-2004
http://www.sba.gov/advo/research/data_uspdf.xls

AND MUCH MORE.....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


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[IWS] Census: CHARACTERISTICS of BUSINESSES & OWNERS 2002 [27 September 2006]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

Census

CHARACTERISTICS OF BUSINESSES 2002
http://www.census.gov/prod/ec02/sb0200cscb.pdf
[full-text, 1614 pages]
and
CHARACTERISTICS OF BUSINESS OWNERS 2002
http://www.census.gov/prod/ec02/sb0200cscbo.pdf
[full-text, 62 pages]

Press Release 27 September 2006
Half of U.S. Businesses Are Home-Based,
Majority of Firms Self-Financed, Census Bureau Reports
http://www.census.gov/Press-Release/www/releases/archives/business_ownership/007537.html

     Almost half (49 percent) of the nation's businesses are operated from home, and more than 6-in-10 owners used their own money to start the business, according to new U.S. Census Bureau reports on characteristics of businesses and business owners.

Industries with the most home-based firms: 2002

     "Home-based businesses collectively generated a remarkable amount of economic activity, especially for women and minorities," said Census Bureau Director Louis Kincannon. "Just released data also show most businesses are started by people and families who dig into their own pockets."

     Two reports released today are from the 2002 Survey of Business Owners (SBO): < http://www.census.gov/prod/ec02/sb0200cscb.pdf> Characteristics of Businesses: 2002 [PDF] and < http://www.census.gov/prod/ec02/sb0200cscbo.pdf> Characteristics of Business Owners: 2002 [PDF].

     The data show self-employed individuals who have no paid employees operate three-fourths of U.S. businesses.

     Highlights:

Home-based businesses
   * Home-based businesses made up 56 percent of American Indian- and Alaska Native-owned firms, 56 percent of women-owned firms, 53 percent of black-owned firms, 53 percent of Native Hawaiian- and Pacific Islander-owned firms, and 45 percent of Hispanic-owned firms. In contrast, 2-in-3 Asian-owned firms reported they conducted business from nonresidential locations.
   * Top industries for home-based businesses were: professional, scientific and technical services, construction, and retail trade and other services (such as personal services, and repair and maintenance).

Most businesses are "self-made"
   * People using their own money or family assets for business startups included 77 percent for businesses with paid employees and 59 percent for businesses with no paid employees.
   * Top industries for these "self-made" businesses were: accommodation and food services (79 percent), manufacturing (78 percent), wholesale trade (74 percent) and retail trade (72 percent).
   * Nearly 3-in-10 (28 percent) of all entrepreneurs started or acquired their business with no capital at all.
   * Nearly 1-in-10 U.S. businesses -- both employer firms and nonemployer firms -- were started by owners who used personal or business credit cards to finance the startup or acquisition.

Business owners are highly educated, 3-in-10 are over 55 and 14 percent are veterans
   * In 2002, 64 percent of business owners had at least some college education at the time they started or acquired ownership in their business, 23 percent had a bachelor's degree and 17 percent had a graduate degree. Just over 1-in-4 owners had a high school education or less.
   * Thirty-one percent of owners were more than 55 years of age, 29 percent were between 45 and 54, and 24 percent were between 35 and 44. Only 2 percent of owners were less than 25 years of age.
   * Fourteen percent of business owners in 2002 were veterans; 73 percent of those operated with no paid employees. Nearly 7 percent of veteran business owners were disabled as a result of injury incurred or aggravated during active military service.

Owners' income, role and hours vary
   * When it comes to depending upon a business for income, 70 percent of owners of employer firms reported that their business is their primary source of income, compared to 44 percent of nonemployer firms.
   * More than half of business owners reported their primary function was managing day-to-day operations and producing their business goods and services (survey respondents could check more than one category).
   * When it comes to putting in long hours, more than half the owners of firms with paid employees reported working overtime (more than 40 hours a week, on average). Only 26 percent of owners of nonemployer firms reported they worked overtime. In fact, 43 percent of owners of nonemployer firms reported working less than 20 hours a week on average, compared to 20 percent of owners of firms with employees.

About the survey

     More than 2.3 million firms were asked to report information about the characteristics of up to three individuals with the largest share of ownership; additional owners were not surveyed regarding characteristics. Owners had the option of selecting more than one race and are included in all races they selected.
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


Tuesday, September 26, 2006

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[IWS] NBER: High School Alcohol Use & Young Adult Labor Market Outcomes [September 2006]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

High School Alcohol Use and Young Adult Labor Market Outcomes
http://papers.nber.org/papers/w12529.pdf
[full-text, 41 pages]
Pinka Chatterji, Jeffrey DeSimone
NBER Working Paper No. 12529
Issued in September 2006

---- Abstract -----
http://papers.nber.org/papers/w12529

We estimate the relationship between 10th grade binge drinking in 1990 and labor market outcomes in 2000 among National Educational Longitudinal Survey respondents. For females, adolescent drinking and adult wages are unrelated, and negative employment effects disappear once academic achievement is held constant. For males, negative employment effects and, more strikingly, positive wage effects persist after controlling for achievement as well as background characteristics, educational attainment, and adult binge drinking and family and job characteristics. Accounting for illegal drug use and other problem behaviors in 10th grade eliminates the unemployment effect, but strengthens the wage effect. As the latter is not explicable by the health, income or social capital justifications that are often used for frequently observed positive correlations between adult alcohol use and earnings, we conjecture that binge drinking conveys unobserved social skills that are rewarded by employers.

______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


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[IWS] Brookings: THE HAMILTON PROJECT: An Economic Strategy to Advance Opportunity, Prosperity, and Growth

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

Brookings Institution

The Hamilton Project: An Economic Strategy to Advance Opportunity, Prosperity, and Growth
http://www.brookings.edu/es/hamilton/hamilton_hp.htm

The following materials are available full-text.

Economic Security in a Changing World
A joint briefing by The Hamilton Project and The New Republic

September 15, 2006
The Brookings Institution


Four panel discussions focused on the income instability faced by American families, the relationship between economic security and growth, and new proposals for progress. Panelists included Robert E. Rubin of Citigroup; Roger C. Altman of Evercore Partners; and Laura D'Andrea Tyson, Dean of the London Business School.

Transcript, video, and panelist information

Latest Updates

New Strategy Papers

A Growth-Enhancing Approach to Economic Security. Jason E. Bordoff, Michael Deich, and Peter R. Orszag (September 2006)

Growth, Opportunity, and Prosperity in a Globalizing Economy. Peter R. Orszag and Michael Deich, (July 2006)

An Economic Strategy to Advance Opportunity, Prosperity, and Growth. Roger C. Altman, Jason E. Bordoff, Peter R. Orszag, and Robert E. Rubin (April 2006)

New Discussion Papers

Fundamental Restructuring of Unemployment Insurance: Wage-Loss Insurance and Temporary Earnings Replacement Accounts. Jeffrey R. Kling (September 2006)

Reforming Unemployment Insurance for the Twenty-First Century Workforce. Lori G. Kletzer and Howard Rosen (September 2006)

Universal Insurance: Enhancing Economic Security to Promote Opportunity. Jacob S. Hacker (September 2006)

AND MORE....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************


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