Wednesday, June 30, 2010
Tweet[IWS] BLS: New! MAP APPLICATION for STATE & COUNTY DATA
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
________________________________________________________________________
Quarterly Census of Employment and Wages (QCEW) State and county map application
http://www.bls.gov/cew/map_application.htm
NEW MAPPING TOOL
http://beta.bls.gov/maps/cew/us
Introducing the QCEW State and County Map Application
http://www.bls.gov/cew/map_application.htm
The Bureau of Labor Statistics (BLS) has developed an interactive state and county map application available at http://beta.bls.gov/. The application displays geographic economic data through maps, charts, and tables, allowing users to explore employment and wage data of private industry at the National, State, and county level. Throughout this application, URLs are specific to the data displayed, so links can be bookmarked, reused, and shared. The application includes maps, charts, tables, and a link to standard BLS data tables and graphs.
AND MUCH MORE…with explanations and examples….
________________________________________________________________________
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
****************************************
[IWS] BLS: METROPOLITAN AREA EMPLOYMENT AND UNEMPLOYMENT -- MAY 2010 [30 June 2010]
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 -- MAY 2010 [30 June 2010]
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 higher in May than a year earlier in 222 of
the 372 metropolitan areas, lower in 141 areas, and unchanged in 9
areas, the U.S. Bureau of Labor Statistics reported today. Thirteen
areas recorded jobless rates of at least 15.0 percent, while 9 areas
registered rates below 5.0 percent. The national unemployment rate in
May was 9.3 percent, not seasonally adjusted, compared with 9.1
percent a year earlier.
Metropolitan Area Unemployment (Not Seasonally Adjusted)
In May, 124 metropolitan areas reported jobless rates of at least 10.0
percent, up from 107 areas a year earlier, while 70 areas posted rates
below 7.0 percent, down from 91 areas in May 2009. El Centro, Calif.,
and Yuma, Ariz., again recorded the highest unemployment rates, 27.5
and 27.2 percent, respectively. Among the 13 areas with jobless rates
of at least 15.0 percent, 11 were located in California. Bismarck, N.D.,
registered the lowest unemployment rate in May, 3.1 percent, followed
by Fargo, N.D.-Minn., 3.5 percent, and Grand Forks, N.D.-Minn., 3.8
percent. Overall, 149 areas recorded unemployment rates above the U.S.
figure of 9.3 percent, 218 areas reported rates below it, and 5 areas
had rates equal to that of the nation. (See table 1.)
Yuma, Ariz., and Las Vegas-Paradise, Nev., registered the largest over-
the-year jobless rate increases in May (+2.9 and +2.8 percentage points,
respectively). The areas with the next largest rate increases were Yuba
City, Calif. (+2.6 percentage points), and Carson City, Nev. (+2.5
points). Seven other areas reported rate increases of 2.0 percentage
points or more. Two Indiana areas posted the largest over-the-year
unemployment rate decreases: Kokomo (-6.6 percentage points) and Elk-
hart-Goshen (-4.8 points). Four additional areas reported rate decreases
of at least 2.0 percentage points.
Of the 49 metropolitan areas with a Census 2000 population of 1 million
or more, Las Vegas-Paradise, Nev., registered the highest unemployment
rate in May, 14.1 percent. The areas with the next highest rates were
Riverside-San Bernardino-Ontario, Calif., 13.9 percent, and Detroit-
Warren-Livonia, Mich., 13.7 percent. Fourteen additional large areas
posted rates of 10.0 percent or more. Washington-Arlington-Alexandria,
D.C.-Va.-Md.-W.Va., registered the lowest jobless rate among the large
areas, 6.0 percent. Three other large areas had rates below 7.0 per-
cent: Minneapolis-St. Paul-Bloomington, Minn.-Wis., 6.4 percent; Okla-
homa City, Okla., 6.5 percent; and Austin-Round Rock-San Marcos, Texas,
6.9 percent. Thirty-three of the large areas reported over-the-year
unemployment rate increases, while 14 areas recorded rate decreases
and 2 had no rate change. Las Vegas-Paradise, Nev., experienced the
largest rate increase from May 2009 (+2.8 percentage points), followed
by Pittsburgh, Pa., and Sacramento--Arden-Arcade--Roseville, Calif.
(+1.4 percentage points each). Minneapolis-St. Paul-Bloomington, Minn.-
Wis., and Detroit-Warren-Livonia, Mich., were the only large areas to
post jobless rate decreases of 1.0 percentage point or more over the
year (-1.5 and -1.2 points, respectively).
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
****************************************
[IWS] Towers Watson: Few U.S. Companies Well Prepared for Executive Say-on-Pay Legislation, Towers Watson Survey Finds [29 June 2010]
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
________________________________________________________________________
Towers Watson
Few U.S. Companies Well Prepared for Executive Say-on-Pay Legislation, Towers Watson Survey Finds [29 June 2010]
http://www.towerswatson.com/press/2373
NEW YORK, June 29, 2010 — Relatively few U.S. companies are well prepared to put their executive pay programs up to a say-on-pay shareholder vote, although many are taking steps to get ready if pending legislation that would give shareholders a greater voice in executive pay becomes law, according to a forthcoming survey by Towers Watson (NYSE, NASDAQ: TW), a global professional services company.
The Towers Watson survey found that only 12% of respondents said they are very well prepared for the say-on-pay legislation, while 46% said they were somewhat prepared. Just under one-fourth of respondents (22%) didn’t know if their companies were ready. The financial reform legislation awaiting final action in the House and Senate includes a say-on-pay provision that would give shareholders of publicly traded U.S. corporations a nonbinding vote on executive pay.
“Given the amount of work companies will need to do to adapt to life in a say-on-pay environment, it’s noteworthy that relatively few companies feel they are well prepared,” said Andrew Goldstein, a leader in Towers Watson’s Executive Compensation business. ”Companies understand that they’ll need to do more than simply describe their pay programs in their proxies and are beginning to take meaningful steps so that they are prepared.”
When asked what actions they are taking or planning in preparation for the say-on-pay legislation, nearly seven out of 10 (69%) said they were identifying potential executive pay issues and concerns in advance, while six in 10 (60%) said they were improving their Compensation Discussion & Analysis to better explain the executive pay program’s rationale and appropriateness for the company. In addition, many companies indicated they are engaging with proxy advisors (44%) to discuss areas of concern, meeting with key institutional shareholders (29%) and preparing a formal communication plan (23%).
The Towers Watson survey also found that more than one-half (59%) of respondents believe that proxy advisory firms have substantial influence on executive pay decision-making processes in U.S. companies. However, 42% said that guidelines established by proxy advisory firms have had no or minimal impact to this point on the design of their executive compensation programs.
“The influence of proxy advisory firms and institutional shareholders on executive compensation programs has increased steadily over the past few years and is likely to increase further in a say-on-pay world,” said Goldstein. “As a result, we believe companies should be prepared for even closer scrutiny of their executive pay plans and policies, and will need to step up their communications with these groups through direct dialogue and even better proxy disclosure to be assured of strong support. Companies that fail to develop effective say-on-pay strategies and take steps now to make their compensation programs shareholder-friendly risk becoming lightning rods in this new environment.”
About the Survey
The Towers Watson Executive Say-on-Pay Flash Survey was conducted online in June 2010 and is based on responses from 251 U.S. publicly traded and privately held corporations representing a cross section of industries. The full results of the survey will be available in July.
________________________________________________________________________
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
****************************************
[IWS] EBRI: HOW AGE AFFECTS LIKELIHOOD OF RECEIVING PENSION, ANNUITY INCOME [30 June 2010]
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 Institute (EBRI)
Fast Facts #171
30 June 2010
How Age Affects Likelihood of Receiving Pension, Annuity Income [30 June 2010]
http://www.ebri.org/pdf/FFE171.30June10.PensInc.Final.pdf
[full-text, 1 page]
WASHINGTON—How does age affect the likelihood of receiving an annuity and/or pension income?
A recent study by the nonpartisan Employee Benefit Research Institute (EBRI) answers that and other questions.
Here are the details: The likelihood of receiving an annuity and/or pension income increases with age, until the
oldest age group (those age 80 and over), where the data show a lower percentage receiving annuity and/or
pension income. However, since 1975, the percentage of individuals age 80 and over receiving annuity and/or
pension income has been increasing, from 17.7 percent in 1975 to 37.3 percent in 2008.
[TABLE-- Percentage of Population Over Age 50 Receiving Pension and
Annuity Income, by Age, Selected Years, 1975–2008]
In addition, the EBRI study says it is worth noting that, although only 16.6 percent of persons ages 50–60 in 2008
were receiving annuity and/or pension income, those recipients had mean and median incomes that were greater
than those received by persons over age 60 (these data are shown in additional figures in the study).
These data suggest that many persons who retired early may have done so because they were eligible for early
retirement benefits and/or were able to purchase a sizable annuity, and therefore no longer needed to work for
financial reasons. However, it is also likely that some persons ages 50–60 receiving retirement annuity and/or
employment-based pension income were forced out of the labor force involuntarily—by disability or layoffs—and
consequently had to settle for below-average pensions.
The full study appears in the May 2010 EBRI Notes, available at www.ebri.org
________________________________________________________________________
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
****************************************
[IWS] BEA: RESEARCH AND DEVELOPMENT SATELLITE ACCOUNT [30 June 2010]
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
________________________________________________________________________
Bureau of Economic Analysis (BEA)
Research and Development Satellite Account [30 June 2010]
2010 Satellite Account Underscores Importance of R&D
http://www.bea.gov/newsreleases/general/rd/2010/rdspend10.htm
or
http://www.bea.gov/newsreleases/general/rd/2010/pdf/R&DSA_2010.pdf
[full-text, 5 pages]
and
http://www.bea.gov/newsreleases/general/rd/2010/xls/R&DSA_2010.xls
[spreadsheet]
Gross Domestic Product (GDP) would have been, on average, 2.7 percent, or $301.5 billion higher between 1998 and 2007 if research and development (R&D) spending was treated as investment in the U.S. national income and product accounts, the Bureau of Economic Analysis (BEA) announced today. The 2010 R&D Satellite Account updates and extends BEA’s estimates of the effect of R&D on economic growth through 2007, and now includes coverage of the most recent business cycle expansion.
R&D accounted for about 6.3 percent of average annual growth in real GDP—that is, GDP adjusted for inflation—between 1998 and 2007, and 6.6 percent between 2002 and 2007. To put the contribution of R&D in perspective, the business sector’s investment in commercial and other types of structures accounted for just over 1.3 percent of average annual growth in real GDP between 1998 and 2007.
Highlights of the release include:
By treating R&D as investment, real GDP increased at an average annual rate of 3.0 percent over the period 1998-2007. As in previous periods, growth in R&D investment continued to track business cycles. R&D’s contribution to growth slowed in 2001 and 2002, recovered in 2003, and outpaced the expansion through 2007. In 2002, business sector R&D subtracted from growth, but was more than offset by contributions from the government and nonprofit sectors.
AND MUCH MORE...including TABLES & CHARTS....
________________________________________________________________________
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, June 29, 2010
Tweet[IWS] BASIC LEGAL RESEARCH ON THE INTERNET [24 June 2010]
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
________________________________________________________________________
llrx.com
Basic Legal Research on the Internet
By Ken Strutin, Published on June 24, 2010
http://www.llrx.com/features/basiclegalresearchinternet.htm
[excerpt]
This article explores the corner of the Internet landscape that concentrates on legal research. For the most part, these databases and search tools are free, although some might require a library card. Essentially, this is a short list of "go to" sites that most researchers will find useful. Before delving in, it might be worthwhile to examine a few time tested research concepts for the Internet age.
Principally, there are two goals of a search, either to find something that exists (based on a full or partial citation) or to construct something that needs to exist from related materials (subject search). The route and analysis may differ, but both approaches require the researcher to envision the end result, e.g., a court decision on point, a controlling statute or any combination of legal publications that support the remedy or relief being sought. So the assignment can be completed intellectually before the first mouse click. Internet searching, like all legal research, is simply an exercise in the mechanics of unearthing the hidden treasures of our imagination.
________________________________________________________________________
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
****************************************
[IWS] Brookings: MetroMonitor TRACKING ECONOMIC RECESSION IN AMERICA'S 100 LARGEST METROPOLITAN AREAS [June 2010]
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
Metropolitan Policy Program
MetroMonitor Tracking Economic Recession and Recovery in America's 100 Largest Metropolitan Areas
Howard Wial and Richard Shearer
June 2010
[full-text, 23 pages]
[excerpt]
The MetroMonitor, an interactive barometer of the health of America's metropolitan economies, looks "beneath the hood" of national economic statistics to portray the diverse metropolitan landscape of recession and recovery across the country. It aims to enhance understanding of the local underpinnings of national economic trends, and to promote public and private sector responses to the downturn that take into account metropolitan areas' distinct strengths and weaknesses.
This edition of the Monitor examines indicators through the first quarter of 2010 (ending in March) in the areas of employment, unemployment, output, home prices, and foreclosure rates for the nation's 100 largest metropolitan areas. It finds that:
-All of the 100 largest metropolitan areas had growth in output in the first quarter of 2010, but the rate of output growth declined in 90 metropolitan areas. The number of metropolitan areas that had a quarter-to-quarter gain in output rose from 33 in the second quarter of 2009 to 87 in the third quarter, 98 in the final quarter of 2009, and 100 in the first quarter of 2010. With only two exceptions, once output began to increase it continued to increase in subsequent quarters. (In Harrisburg and Portland, OR, output grew in the second quarter of 2009, fell in the third quarter, and then grew again subsequently.) However, only 10 metropolitan areas (El Paso, McAllen, Rochester, Albany, Buffalo, Syracuse, Allentown, Los Angeles, Las Vegas, and Cape Coral) had faster output growth in the first quarter of 2010 than in the last quarter of 2009. The remaining 90 had slower output growth.
-Employment recovery has been much less widespread and less consistent than output recovery. The number of metropolitan areas that had quarter-to-quarter employment growth rose from six in the third quarter of 2009 to 25 in the last quarter of 2009 to 36 in the first quarter of 2010. Job growth in one quarter was no guarantee of continued job growth in subsequent quarters. Of the 25 metropolitan areas that gained jobs in the last quarter of 2009, only 10 gained jobs in the first quarter of 2010.
-The metropolitan areas that have had the most consistent job growth over the past year are mainly in the South. Only McAllen gained jobs in the first quarter of 2010 and the three previous quarters. Only Stockton gained jobs in the first quarter and the two previous quarters. All but one of the eight other metropolitan areas that gained jobs in the first quarter and the previous quarter (Augusta, Austin, Charleston, Chattanooga, Dallas, Honolulu, Jackson, and Raleigh) are in the South.
-A substantial minority of metropolitan areas had made a complete output recovery by the first quarter of 2010 but none had made a complete jobs recovery. Thirty-two metropolitan areas had recovered their pre-recession levels of output in the fourth quarter, including 19 (Albuquerque, Austin, Baltimore, Boston, Colorado Springs, Honolulu, Little Rock, Madison, McAllen, New York, Ogden, Omaha, Orlando, Raleigh, Richmond, San Antonio, Seattle, Virginia Beach, and Washington) that had continuous output growth since at least the second quarter of 2009. Most of these metropolitan areas are state capitals or other government or military centers.
-In March 2010, for the first time since the beginning of the recession, the unemployment rate was lower than it was a year ago in a few metropolitan areas. In Buffalo, Chattanooga, Denver, and Minneapolis (all areas with unemployment rates below the national rate in March 2009), the unemployment rate was lower March 2010 than in March 2009. In all other metropolitan areas it was higher. All of the 100 largest metropolitan areas had higher unemployment rates in March 2010 than in March 2007.
-Seventy-nine of the 100 largest metropolitan areas lost a greater share of jobs nine quarters after the start of the Great Recession (the fourth quarter of 2007) than they did during the first nine quarters after the start of any of the previous three national recessions. Nine quarters after the start of the national recession, the 100 largest metropolitan areas combined had lost 6.3 percent of the jobs they had at the start of the Great Recession that began in 2007, compared to 2.1 percent for the 2001 recession, and 1.4 percent for the 1990–1991 recession. However, in the 1981–1982 recession, employment in the 100 largest metropolitan areas had grown 1.3 percent in the first nine quarters after the start of the national recession. In general, the metropolitan areas that ranked lowest on the Monitor's overall index (i.e., those that suffered most during the Great Recession and subsequent recovery) were also ones in which the jobs recovery was weaker after the Great Recession than after all three previous recessions. Those that ranked the highest were also ones in which the current jobs recovery was stronger than that of one or two of the previous three recessions/recoveries.
-Housing markets remained weak, with house prices lower in the first quarter of 2010 than in the first quarters of 2007 and 2009 in all of the 100 largest metropolitan areas and house price declines accelerating in most metropolitan areas. In all but 12 metropolitan areas house prices declined at a faster rate between the first quarters of 2009 and 2010 than between the first quarters of 2007 and 2009. Foreclosures continued to grow in most metropolitan areas in the first quarter; 84 metropolitan areas had increases in the number of real estate-owned (REO) properties during that quarter.
-Employment has begun to grow and housing markets are no longer in free-fall in some of the metropolitan areas that suffered most from the housing bust during the last three years. During the first quarter, Bradenton, Cape Coral, Jacksonville, Modesto, Los Angeles, Riverside, and San Jose (among other areas) had job growth for the first time since the recession began, while Stockton had its third consecutive quarter of job growth. The 13 metropolitan areas where the rate of house price decline was smaller between first quarter 2009 and first quarter 2010 than between first quarter 2007 and first quarter 2009 were areas hit hard by the housing bust: Bakersfield, Cape Coral, Fresno, Las Vegas, Los Angeles, Miami, Modesto, Oxnard, Riverside, San Diego, San Francisco, San Jose, and Stockton. The 16 metropolitan areas where the number of REO properties fell in the first quarter of 2010 included hard-hit Bakersfield, Las Vegas, Modesto, Oxnard, Stockton, Los Angeles, Riverside, San Diego, San Francisco, and San Jose (among other areas).
Overall, the economic indicators for the nation's 100 largest metropolitan areas reinforce the national story of a jobless and increasingly fragile recovery. However, there are some recent signs of improvement, notably in parts of the South and in some of the metropolitan areas that suffered most from the housing bust. In addition, vast differences in performance continued to separate the metropolitan areas that the recession hit the hardest from those less affected.
________________________________________________________________________
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
****************************************
[IWS] Census: STATE & LOCAL GOVERNMENT TAX REVENUE 2010 1st Qtr. [29 June 2010]
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
2010 1st Quarter Summary of State and Local Government Tax Revenue [29 June 2010]
http://www.census.gov/govs/qtax/
— Tax revenues grew in the first quarter, marking the second straight quarter of growth. Individual income tax and general sales tax revenues increased, while corporate income tax and property tax revenue declined. The decline in property tax revenue is the first decline since 2003. This summary shows quarterly tax revenue data on property, sales, license, income and other taxes. Data are shown for individual state governments as well as national-level estimates of total state and local taxes, including 12-month calculations. This quarterly survey has been conducted continuously since 1962.
________________________________________________________________________
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
****************************************
[IWS] EMCC: DATA on JOB REDUCTIONS by TYPE OF RESTRUCTURING; SECTOR; COUNTRY [Updated 29 June 2010]
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 Foundation for the Improvement of Living and Working Conditions (Dublin Foundation)
European Monitoring Centre on Change (EMCC)
Statistics [Updated 29 June 2010]
http://www.eurofound.europa.eu/emcc/erm/index.php?template=stats
To date, we have recorded 11680 fact sheets
Breakdown of the number of planned job reductions, in relation to the following three variables:
1. Type of restructuring
2. Sector
3. Country
________________________________________________________________________
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
****************************************
[IWS] EIRO: INDUSTRIAL RELATIONS DEVELOPMENTS IN EUROPE 2009 [28 June 2010]
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 Foundation for the Improvement of Living and Working Conditions (Dublin Foundation)
European Industrial Relations Observatory (EIRO)
ANNUAL REPORT
Industrial relations developments in Europe 2009 [28 June 2010]
http://www.eurofound.europa.eu/publications/htmlfiles/ef1035.htm
or
http://www.eurofound.europa.eu/pubdocs/2010/35/en/1/EF1035EN.pdf
[full-text, 74 pages]
Author: Carley, Mark; McKay, Sonia; Miller, Jean-Michel; Biletta, Isabella
Summary: This annual review highlights the most significant developments that took place in industrial relations in the EU Member States and Norway in 2009, both at national and EU level. It first sets out the political context, then goes on to examine levels of coverage of collective bargaining, and trends in bargaining regarding pay, working time and a number of other topics. In addition, this review outlines the year's main developments in employment legislation, social dialogue, industrial action and company restructuring, and explores the impact of the global economic crisis.
CONTENTS
Foreword v
Introduction 1
1 – Comparative overview of industrial relations in 2009 3
2 – Developments at EU level 41
3 – Social partner organisations in Europe: recent developments 53
________________________________________________________________________
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
****************************************
Monday, June 28, 2010
Tweet[IWS] SSA: EARNINGS & EMPLOYMENT DATA FOR WORKERS COVERED UNDER SOCIAL SECURITY & MEDICARE, BY STATE AND COUNTY, 2007
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
________________________________________________________________________
Social Security Administration (SSA)
Earnings and Employment Data for Workers Covered Under Social Security and Medicare, by State and County, 2007
(released June 2010) [28 June 2010]
http://www.ssa.gov/policy/docs/statcomps/eedata_sc/2007/index.html
or
http://www.ssa.gov/policy/docs/statcomps/eedata_sc/2007/eedata_sc07.pdf
[full-text, 486 pages]
and
http://www.ssa.gov/policy/docs/statcomps/eedata_sc/2007/eedata_sc07.xls
[spreadsheet]
By STATE
http://www.ssa.gov/policy/docs/statcomps/eedata_sc/2007/index.html#state
By REGION
http://www.ssa.gov/policy/docs/statcomps/eedata_sc/2007/index.html#region
This report presents 2007 earnings and employment data by state and county for persons covered under the Social Security and Medicare programs.
The data show, by sex, race, and age, the number of wage and salary workers and self-employed persons, the amount of their taxable earnings, and the amount they paid in Social Security and Medicare contributions. The information in this publication is a rich data source for researchers and policymakers who are interested in studying the primary revenue source for the Social Security (Old-Age, Survivors, and Disability Insurance) and the Medicare Part A (Hospital Insurance) programs. When coupled with the Social Security Administration publication OASDI Beneficiaries by State and County, these data are valuable for studying the impact of the Social Security program and are used for this purpose in academia, private industry, and state governments.
________________________________________________________________________
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
****************************************