Thursday, January 29, 2015

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[IWS] CBO: DO WE KNOW WHY EARNINGS FALL WITH JOB DISPACEMENT? [29 January 2015]

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

________________________________________________________________________

 

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

Congressional Budget Office (CBO)

Working Paper: 2015-01

 

DO WE KNOW WHY EARNINGS FALL WITH JOB DISPACEMENT? [29 January 2015]

By William J. Carrington (CBO) and Bruce C. Fallick (Federal Reserve Bank of Cleveland)

http://www.cbo.gov/publication/49908

or

http://www.cbo.gov/sites/default/files/cbofiles/attachments/49908-jobDisplacement.pdf

[full-text, 54 pages]

 

After being displaced from their jobs, workers experience reduced earnings for many years and are at greater risks of other problems as well. The ills suffered by displaced workers motivated several recent expansions of government programs, including the unemployment insurance system, and have spurred calls for wage insurance that would provide longer-run earnings replacement. However, while the average size and the individual characteristics associated with the losses are relatively clear, the theory of displacement-induced earnings loss is scattered. Much of the policy discussion appears to interpret displacement-induced losses through the lens of specific human capital theory, in which skills are specific to jobs, locations, industries, or occupations, and that model has considerable empirical support. Assistance for displaced workers may improve well-being in that model since it insures workers against the risk that their consumption of goods and services might fall for idiosyncratic reasons and, as a consequence, allows workers to make more productive but higher-risk career choices. But there are other credible theories of costly job displacement that have different causal mechanisms, different interpretations and different policy implications. This paper reviews theories of costly job displacement and discusses their consistency with the available empirical evidence. We find that while specific human capital is important, we cannot rule out important roles for other theories.

________________________________________________________________________

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.

 


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[IWS} World Bank: ETHIOPIA POVERTY ASSESSMENT 2014 [January 2015]

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

________________________________________________________________________

 

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

World Bank

 

ETHIOPIA POVERTY ASSESSMENT 2014 [January 2015]

https://openknowledge.worldbank.org/handle/10986/21323

or

https://openknowledge.worldbank.org/bitstream/handle/10986/21323/AUS67440REVISE019B00PUBLIC00PAfinal.pdf?sequence=1

[full-text, 230 pages]

 

In 2000 Ethiopia had one of the highest poverty rates in the world, with 56 percent of the population living on less than United States (U.S.) $1.25 purchasing power parity (PPP) a day. Ethiopian households experienced a decade of remarkable progress in wellbeing since then and by the start of this decade less than 30 percent of the population was counted as poor. This poverty assessment documents the nature of Ethiopia s success and examines its drivers. Agricultural growth drove reductions in poverty, bolstered by pro-poor spending on basic services, and effective rural safety nets. However, although there is some evidence of manufacturing growth starting to reduce poverty in urban centers at the end of the decade, structural change has been remarkably absent from Ethiopia s story of progress. The poverty assessment looks forward asking what will be needed to end extreme poverty in Ethiopia. In addition to the current successful recipe of agricultural growth and pro-poor spending, the role of the non-farm rural sector, migration, urban poverty reduction, and agricultural productivity gains for women are considered.

________________________________________________________________________

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.

 


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[IWS] World Bank: Preparing for Carbon Pricing : Case Studies from Company Experience--Royal Dutch Shell, Rio Tinto, and Pacific Gas and Electric Company [28 January 2015]

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

________________________________________________________________________

 

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

World Bank

 

Preparing for Carbon Pricing : Case Studies from Company Experience--Royal Dutch Shell, Rio Tinto, and Pacific Gas and Electric Company [28 January 2015]

https://openknowledge.worldbank.org/handle/10986/21358

or

https://openknowledge.worldbank.org/bitstream/handle/10986/21358/PCP.pdf?sequence=4

[full-text, 41 pages]

 

This report covers case studies with three companies: Royal Dutch Shell, Rio Tinto, and Pacific Gas and Electric (PG&E), capturing their experiences and lessons learn preparing for and operating under policies that price carbon emissions. It is relevant for private companies and countries interested in seeing how companies are putting a price on carbon.

________________________________________________________________________

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.

 


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[IWS] World Bank: Overview of Carbon Offset Programs : Similarities and Differences [27 January 2015]

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

________________________________________________________________________

 

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

World Bank

 

Overview of Carbon Offset Programs : Similarities and Differences [27 January 2015]

https://openknowledge.worldbank.org/handle/10986/21353

or

https://openknowledge.worldbank.org/bitstream/handle/10986/21353/COP_eBook.pdf?sequence=1

[full-text, 82 pages]

 

This Technical Note provides a summary of the key elements and design features of 11 different carbon offset programs. It discusses the essential differences and similarities between programs, and discusses how these programs address key issues, such as: efficiency, environmental integrity, applicability, and transaction costs. It does not evaluate the implications of the different design features. This note may be useful for countries that are contemplating different designs of carbon offset programs and other crediting mechanisms.

________________________________________________________________________

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.

 


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[IWS] Eurostat: TOURISM STATISTICS--NIGHTS SPENT AT TOURIST ACCOMMODATON ESTABLISHMENTS [29 January 2015]

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

________________________________________________________________________

 

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

European Commission

Eurostat

 

TOURISM STATISTICS--NIGHTS SPENT AT TOURIST ACCOMMODATON ESTABLISHMENTS [29 January 2015]

http://ec.europa.eu/eurostat/statistics-explained/index.php/Tourism_statistics_-_nights_spent_at_tourist_accommodation_establishments

 

Data from January 2015. Most recent data: Further Eurostat information, Main tables and Database. Planned article update: March 2015

This article focuses on the short-term evolutions in the nights spent at tourist accommodation establishments in the European Union (EU). The data of the most recentreference month available (October 2014) are compared with the same month of the previous year. In addition, data from January 2014 to October 2014 are compared with the same period one year earlier. Furthermore, the article includes estimates for the annual comparison of the entire year 2014 with 2013.

 

________________________________________________________________________

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.

 


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[IWS] NSF: State Government R&D Expenditures Remain Unchanged in FY 2013 at $1.8 Billion [28 January 2015]

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

________________________________________________________________________

 

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

National Science Foundation (NSF)

InfoBriefs | NSF 15-313 |

 

State Government R&D Expenditures Remain Unchanged in FY 2013 at $1.8 Billion [28 January 2015]

http://www.nsf.gov/statistics/2015/nsf15313/

or

http://www.nsf.gov/statistics/2015/nsf15313/nsf15313.pdf

[full-text, 6 pages]

 

State government agency expenditures for research and development totaled $1.785 billion in FY 2013, virtually unchanged (down 0.6%) from the $1.795 billion reported in FY 2012. Five state governments (California, Ohio, Texas, New York, and Florida) accounted for 57% of all state government R&D in both FY 2012 and FY 2013. This InfoBrief presents summary statistics from the FY 2012 and FY 2013 Survey of State Government R&D, sponsored by the National Science Foundation (NSF), National Center for Science and Engineering Statistics (NCSES).

 

These survey results provide the most recent NCSES statistics of R&D activities performed and funded by state government agencies in each of the 50 states and the governments of the District of Columbia and Puerto Rico. Survey data are available by state and by individual state agency. Further details are also available on R&D performer, source of funding, and type of R&D, such as agriculture, energy, environment and natural resources, health, transportation, and other.

________________________________________________________________________

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.

 


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[IWS] NCES: Revenues and Expenditures for Public Elementary and Secondary School Districts: School Year 2011-12 (Fiscal Year 2012) [29 January 2015]

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

________________________________________________________________________

 

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

National Center for Education Statistics (NCES)

 

Revenues and Expenditures for Public Elementary and Secondary School Districts: School Year 2011-12 (Fiscal Year 2012) [29 January 2015]

http://nces.ed.gov/pubsearch/pubsinfo.asp?pubid=2014303

or

http://nces.ed.gov/pubs2014/2014303.pdf

[full-text, 46 pages]

 

Description:      

The report provides finance data for all local education agencies (LEAs) that provide free public elementary and secondary (PK-12) education in the United States. Specifically, this report includes findings from the following types of school finance data:

·       Revenue and expenditure totals by state and the 100 largest LEAs;

·       LEA revenues by federal, state, and local revenues by source;

·       Expenditures by function and object totals by state;

·       Current expenditures per pupil by state and the 100 largest LEAs;

·       Interest on debt; and

·       Capital outlay.

________________________________________________________________________

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.

 


Wednesday, January 28, 2015

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[IWS] Census: FAMILIES AND LIVING ARRANGEMENTS: 2014 [28 January 2015]

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

________________________________________________________________________

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

 

Census

FAMILIES AND LIVING ARRANGEMENTS: 2014 [28 January 2015]
http://www.census.gov/hhes/families/

Detailed Tables
http://www.census.gov/hhes/families/data/cps2014.html

 

Press Release 28 January 2015

One in Five Children Receive Food Stamps, Census Bureau Report

http://www.census.gov/newsroom/press-releases/2015/cb15-16.html

 

The number of children receiving food stamps remains higher than it was before the start of the Great Recession in 2007, according to the U.S. Census Bureau’s annual Families and Living Arrangementstable package released today.

 

The rate of children living with married parents who receive food stamps has doubled since 2007. In 2014, an estimated 16 million children, or about one in five, received food stamp assistance compared with the roughly 9 million children, or one in eight, that received this form of assistance prior to the recession.

These statistics come from the 2014 Current Population Survey’s Annual Social and Economic Supplement, which has collected statistics on families and living arrangements for more than 60 years. Today’s table package delves into the characteristics of households, including the marital status of the householders and their relationship to the children residing in the household. The historical data on America’s families and living arrangements can be found on census.gov.

 

Other highlights:

Download America's Families & Living Arrangements: Nutrition Assistance [JPG - <1.0 MB]

Children

§  Of the 73.7 million children under 18 in the United States:

§    10 percent live with a grandparent (7.4 million).

§    79 percent live with at least one sibling (58.5 million).

§    15 percent have a stay-at-home mother (10.8 million), and 0.6 percent have a stay-at-home father (420,000).

§    38 percent have at least one foreign-born parent (28.3 million).

§  The share of children who live with one parent only has tripled since 1960, from about 9 percent to 27 percent.

Marriage and family

§  Less than half (48 percent) of households today are married couples, down from 76 percent in 1940.

§  The median age when adults first marry continues to rise. In 2014, it was 29 for men and 27 for women, up from 24 and 21, respectively, in 1947.

§  36 percent of 30- to 34-year-olds have never been married.

§  Married couples have more children in the household, on average, than either single mothers or single fathers.

§  Married couples make up the majority (72 percent) of the 86.4 million family groups, which are defined as two or more people who live together and are related by birth, marriage or adoption. Unmarried mothers and unmarried fathers make up 12 percent and 2 percent of family groups, respectively.

§  24 percent of married families with children under 15 have a stay-at-home mother, and 1 percent have a stay-at-home father.

Unmarried couples

§  7.9 million opposite-sex unmarried couples live together.

§  39 percent of opposite-sex unmarried couples have a child under 18.

§  Statistics about same-sex couples are available from the American Community Survey.

Older adults

§  There are about 13 million more householders 65 or older than there are householders under age 30. In 1960, the difference was just 2.5 million.

§  One quarter of all adults 65 or older are widowed; fewer than 5 percent have never been married.

§  About 12.5 million older adults live alone, representing 28 percent of adults 65 or older.

Households

§  The share of single-person households has more than doubled since 1960, from 13 percent to 28 percent (34.2 million households) today.

§  More than two-thirds (69 percent) of white households own their home, compared with less than half of black (43 percent) or Hispanic (46 percent) households.

 

 

________________________________________________________________________

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.

 

 

 

 

 

 

 

 

 


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[IWS] Supreme Ct.: OLD UNION CONTRACTS IMPLYING "LIFETIME HEALTH BENEFITS" NOT VALID CONTRACTUALLY [26 January 2015]

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

________________________________________________________________________

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

see

SUPREME COURT OF THE UNITED STATES

Syllabus

M&G POLYMERS USA, LLC, ET AL. v. TACKETT ET AL [26 January 2015]

CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE SIXTH CIRCUIT

http://www.supremecourt.gov/opinions/14pdf/13-1010_7k47.pdf

 

 

Los Angeles Times

Press Release 26 January 2015

Supreme Court knocks down promised health benefits for union retirees

http://www.latimes.com/nation/la-na-supreme-court-health-benefits-union-retirees-20150126-story.html

 

[excerpt

The Supreme Court cast doubt Monday on the future of old union contracts that had promised lifetime health benefits for retired workers and their families.

 

In a case seen as a victory for corporate America, the justices ruled these promises should not be treated as “vested rights” unless they are spelled out in the contract.

 

“When a contract is silent as to the duration of retiree benefits, a court may not infer that the parties intended those benefits to vest for life,” wrote Justice Clarence Thomas.

 

In the unanimous opinion, Thomas chided lower-court judges who upheld the retiree benefits, citing "traditional principle that courts should not construe ambiguous writings to create lifetime promises."

 

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.

 

 

 

 

 

 

 

 

 


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[IWS] EBRI: DEBT OF THE ELDERLY AND NEAR ELDERLY. 1992-2013 [28 January 2015]

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

________________________________________________________________________

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

Employee Benefit Research Institute (EBRI)

EBRI NOTES, January 2015, vol. 36, no. 1

 

DEBT OF THE ELDERLY AND NEAR ELDERLY. 1992-2013 [28 January 2015]

http://www.ebri.org/publications/notes/index.cfm?fa=notesDisp&content_id=5480

or

http://www.ebri.org/pdf/notespdf/EBRI_Notes.Jan15.Debt.pdf

[full-text, 15 pages]

 

·         More older American families have debt: The percentage of American families with heads ages 55 or older that had debt increased from 63.4 percent in 2010 to 65.4 percent in 2013. Furthermore, the percentage of these families with debt payments greater than 40 percent of income—a traditional threshold measure of debt load trouble—increased in 2013 to 9.2 percent from 8.5 percent in 2010.

 

·         However, other debt measures were down: Total debt payments as a percentage of income decreased from 11.4 percent in 2010 to 10.0 percent in 2013, and average debt decreased from $80,465 in 2010 to $73,211, while debt as a percentage of assets decreased from 8.5 percent in 2010 to 8.1 percent in 2013.

 

·         Housing debt drove the change in the level of debt payments in 2013, while the nonhousing (consumer) debt-payment share of income held stable from 2010. Housing debt was the major component of debt for families headed by individuals ages 55 or older.

 

·         The debt levels among those with housing debt have obvious and serious implications for the future retirement security of these Americans, perhaps most significantly that these families are potentially at risk of losing what is typically their most important asset—their home.

 

 

Press Release 28 January 2015

More Older American Families Taking on Debt—And More With Problematic Debt Payment Levels

http://www.ebri.org/pdf/PR1108.Debt.28Jan15.pdf

 

WASHINGTON—A larger share of older American families had debt in 2013, and those with

debt loads that are considered problematic also increased, according to a new report from the

nonpartisan Employee Benefit Research Institute (EBRI).

 

The EBRI report finds that among American families with family heads ages 55 or older, debt

has increased from 63.4 percent in 2010 to 65.4 percent in 2013, the latest for which data are

available. Compared with the1992 level of 53.8 percent, the 2013 level is up more than 10 percentage

points.

 

Furthermore, the percentage of these families with debt payments greater than 40 percent of

income—a traditional threshold measure of debt load trouble—increased in 2013 to 9.2 percent

from 8.5 percent in 2010.

 

The primary cause of rising debt load: Americans’ homes. “Housing debt drove the change in the

level of debt payments in 2013, while the nonhousing (consumer) debt-payment share of income

held stable from 2010,”said Craig Copeland, EBRI senior research associate and author of the

report. “Housing debt was the major component of debt for families headed by individuals ages

55 or older.”

 

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.

 

 

 

 

 

 

 

 

 


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[IWS] BLS: BUSINESS EMPLOYMENT DYNAMICS: SECOND QUARTER 2014 [28 January 2015]

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

________________________________________________________________________

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

 

BUSINESS EMPLOYMENT DYNAMICS:  SECOND QUARTER 2014 [28 January 2015]

http://www.bls.gov/news.release/cewbd.nr0.htm

or

http://www.bls.gov/news.release/pdf/cewbd.pdf

[full-text, 17 pages]

and

Supplemental Files Table of Contents

http://www.bls.gov/web/cewbd.supp.toc.htm

 

 

From March 2014 to June 2014, gross job gains from opening and

expanding private sector establishments were 7.4 million, an increase

of 582,000 jobs from the previous quarter, the U.S. Bureau of Labor

Statistics reported today. Over this period, gross job losses from

closing and contracting private sector establishments were 6.5 million,

an increase of 63,000 jobs from the previous quarter.

(See tables A, 1, and 3.)

 

The difference between the number of gross job gains and the number of

gross job losses yielded a net employment gain of 916,000 jobs in the

private sector during the second quarter of 2014.

(See tables A, 1, and 3.)

 

The change in the number of jobs over time is the net result of

increases and decreases in employment that occur at all businesses

in the economy. Business Employment Dynamics (BED) statistics track

these changes in employment at private business units from the third

month of one quarter to the third month of the next. Gross job gains

are the sum of increases in employment from expansions at existing

units and the addition of new jobs at opening units. Gross job losses

are the result of contractions in employment at existing units and the

loss of jobs at closing units. The difference between the number of

gross job gains and the number of gross job losses is the net change

in employment. (See the Technical Note for more information.)

 

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.

 

 

 

 

 

 

 

 

 


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[IWS] ILO: AN EMPLOYMENT-ORIENTED INVESTMENT STRATEGY FOR EUROPE [28 January 2015]

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

________________________________________________________________________

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

International Labour Organizatin (ILO)

 

AN EMPLOYMENT-ORIENTED INVESTMENT STRATEGY FOR EUROPE [28 January 2015]
http://www.ilo.org/global/publications/books/WCMS_338674/lang--en/index.htm

or

http://www.ilo.org/wcmsp5/groups/public/---dgreports/---dcomm/---publ/documents/publication/wcms_338674.pdf
[full-text, 54 pages]

 

Against a backdrop of sluggish economic conditions and continued weak job creation, the Investment Plan proposed by the European Commission President Jean-Claude Juncker would provide a rapid economic stimulus that would foster Europe’s competitiveness at the same time as boosting much-needed employment creation. The main finding of this ILO report is that, if careful consideration is given to the design of the programme and its allocation, over 2.1 million net new jobs would be created by mid-2018.

 

Press Release 28 January 2015

Jobs in Europe

ILO says over 2.1 million jobs could be created with EC investment plan

The success of Juncker’s EC plan to create jobs and boost Europe’s competitiveness depends on its design and the allocation of funds.

http://www.ilo.org/global/about-the-ilo/newsroom/news/WCMS_340087/lang--en/index.htm?shared_from=media-mail

 

GENEVA (ILO News) – Over 2.1 million new jobs could be generated by mid-2018 under the three-year investment plan put forward by European Commission (EC) President Jean-Claude Juncker, said the International Labour Organization (ILO). 

An ILO report entitled 
An Employment-Oriented Investment Strategy for Europe , shows that a combination of public and private sector investment worth 315 billion euros might foster Europe’s competitiveness and help tackle the jobs crisis. Success depends, however, on how the programme is designed. 

Director of the ILO Research Department, Raymond Torres, indicated that the plan “can complement the monetary measures recently announced by the European Central Bank, by encouraging enterprise investment, growth and job creation.” 

But in order to make a significant dent on unemployment, the plan must first include a significant portion of private investment, especially among job-rich small enterprises. And second, it should address the wide disparities in unemployment that exist across the EU, so that economies with greater need can benefit from the fund. In the absence of these two conditions, the plan will make little or no difference to the EU employment outlook. 

In addition, it is crucial for the plan to be accompanied by a longer-term employment strategy that focuses on quality jobs and balanced reforms. 

A fragile and uneven employment outlook

The investment plan comes at a time when the European employment situation remains fragile and uneven. 

On average, the unemployment rate stands at around 10 per cent, close to 3 percentage points above the rate reached before the start of the global crisis in 2008. Moreover, half of those unemployed have been without a job for more than a year. Women and youth are disproportionately affected. 

There are also wide cross-country disparities, with unemployment rates in Southern Europe and parts of Central Europe stubbornly high. As of the third quarter 2014, the unemployment rate in Spain was over 23 per cent and in Greece above 25 per cent. Three years prior, both countries had unemployment rates of 8 per cent. 

“These developments have imposed huge economic and social costs, with the worst impacts in Southern Europe but with damage to households and working people across the region,” said Sandra Polaski, ILO Deputy Director-General for Policy. “The urgency to address these losses increases with every passing day.”

People who have been unemployed for long periods of time are more likely to become discouraged and leave the labour market altogether. Weak demand in Europe affects enterprise investment, thus hampering competitiveness. 

And as skills erode, workers’ employability deteriorates – making it increasingly difficult for workers to find a new job when the labour market begins to recover. This issue is of particular relevance for youth. 

Avoiding “business as usual”

The challenge is to ensure that policy-makers at the EU level avoid a “business as usual” scenario that would result in funds being diverted away from countries and sectors that are most in need. 

For instance, between 2007 and 2013 high-unemployment countries benefited from less than a third of European Investment Bank (EIB) funding. Private investment is weak in crisis-hit countries. An inflow of resources in these countries would encourage a reallocation of resources towards more strategic and high-impact activities, and away from low value-added sectors. 

The ILO report stresses the importance of the decision to fast-track the legislative process, so that implementation can start as early as mid-2015. 

Balanced, sustainable and credible solutions are best achieved when government, employers and workers’ organizations collaborate. Coordination and dialogue are needed both within and across countries

________________________________________________________________________

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.

 

 

 

 

 

 

 

 

 


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[IWS] REGULATIONS.GOV--WHAT'S TRENDING? [Immigration Policy, Teacher Preparation Issues and more]

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

________________________________________________________________________

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

REGULATIONS.GOV

http://www.regulations.gov/#!home

 

 

WHAT'S TRENDING

 

Teacher Preparation Issues

Closing on Feb 02, 2015

 

Endangered and Threatened Wildlife and Plants: Listing the African Lion Subspecies as Threatened, etc.

Closed on Jan 27, 2015

 

Immigration Policy

Closing on Jan 29, 2015

 

Conservation of Threatened Corals

Closing on Mar 16, 2015

 

Citizen Petition From Dr. Carla M. Davis

 

________________________________________________________________________

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.

 

 

 

 

 

 

 

 

 


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[IWS] MSHA: HIGHEST NUMBER OF DISCRIMINATION COMPLAINTS BY MINERS IN 2014 [27 January 2015]

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

________________________________________________________________________

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

U.S. Department of Labor

Mine Safety and Health Administration (MSHA)

 

Press Release 27 January 2015

Most discrimination complaints filed on behalf of miners in 2014

http://www.dol.gov/opa/media/press/msha/MSHA20150142.htm

 

ARLINGTON, Va. — Not long after a miner who maintained a dust collector machine at a cement facility in San Bernardino County, California, contacted the Mine Safety and Health Administration about safety hazards, he was suspended and then terminated in April 2014. MSHA filed a motion for temporary reinstatement of the miner, and the mine operator, Riverside Cement Co., agreed to temporary economic reinstatement. Ultimately, the company agreed to fully reinstate the miner and pay back wages in the context of a settlement. In December, an administrative law judge with the Federal Mine Safety and Health Review Commission approved a settlement resolving the discrimination complaint brought by MSHA.

 

Last year, MSHA filed 49 complaints — more than in any previous year. These complaints, filed with the FMSHRC, involved allegations of discrimination made by miners in the form of a discharge, suspension or other adverse action. Additionally, MSHA filed 45 complaints in 2014 requesting temporary reinstatement of miners, the second highest number ever filed.

Section 105(c) of the Federal Mine Safety and Health Act of 1977 states a miner cannot be discharged, discriminated against or interfered with in the exercise of statutory rights because he or she has engaged in a protected activity such as filing a complaint alleging a health or safety violation, or refusing to work under unsafe or unhealthy conditions.

 

"The Mine Act provides miners the right to a safe and healthy workplace and protects them if they suffer unlawful retaliation for exercising those rights," said Joseph A. Main, assistant secretary of labor for mine safety and health. "These — along with unlawful interference in the exercise of their rights — are critical protections for miners, and MSHA will not hesitate to see those rights are enforced."

After intensified efforts to educate miners about their rights under the Mine Act, MSHA received an increased number of discrimination and interference complaints starting in fiscal year 2010.

A Guide to Miners' Rights and Responsibilities Under the Federal Mine Safety and Health Act of 1977, affirms miners may not be fired, demoted, harassed, intimidated, transferred, refused employment, suffer any loss of wages, or discriminated against for exercising their rights under the Mine Act. They are entitled to make a complaint of an alleged danger or safety or health violation to a federal or state agency, a mine operator, an operator's agent or a miner's representative. Miners may participate in proceedings under the Act such as testifying, assisting or participating in any proceeding instituted under the Act, or filing a complaint with FMSHRC. Certain miners have the right to a medical evaluation or to be considered for transfer to another job location because of harmful physical agents and toxic substances. Miners may withdraw themselves from the mine for not having the required health and safety training, and they may refuse to work in conditions they reasonably believe to be unsafe or unhealthy.

 

 

________________________________________________________________________

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.

 

 

 

 

 

 

 

 

 


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