• Revisiting Apprenticeships

    29 September 2017
    790 Views

    By the American Council on Education

    While the word apprenticeship may evoke images of craft guilds in the Middle Ages, the concept is gaining new currency today in the United States. Here’s what you need to know.

    apprenticeAn online search for the term “apprenticeship” quickly yields illustrations of medieval bakers and roof thatchers. With those images in mind, it’s a bit disconcerting when Sarah Ayres Steinberg, a policy analyst on the economic policy team at the Center for American Progress, says that right now in the United States, “apprenticeship is a very
    hot topic.” (more…)

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  • Majority of Hires Never Report Looking for a Job

    29 May 2017
    16761 Views

    by Carlos Carrillo-Tudela, Bart Hobijn, Patryk Perkowski, and Ludo Visschers
    FRBSF Economic Letter

    newhiresEvery month, millions of workers search for new jobs although they already have one. About one-tenth of these searchers switch employers in the following month. However, most of the job switchers in the United States never reported having looked for a job. This implies that, rather than those workers finding jobs, the jobs actually found them.

    In conventional models of the labor market, unemployed people search for jobs and respond to job openings posted by employers (as in Mortensen and Pissarides 1994). However, job search is not limited to just those currently without jobs. Each month, millions of employed people also search for new jobs hoping to change employers. While a lot is known about the job-search behaviors of the unemployed, the same is not true for the employed. (more…)

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  • Reason for Moving

    29 April 2015
    764 Views
    whypeoplemoveBetween 2012 and 2013, 35.9 million people 1 year and over living in the United States moved to a different residence. The mover rate for this period was 11.7 percent. Why did these people move? As displayed
    in Figure 1, housing-related reasons were the most popular response with 17.2 million (48.0 percent).
    1 Family-related reasons were the second most selected choice with 30.3 percent, followed by job-related (19.4 percent) and other (2.3 percent). These data come from the 2013 Annual Social and Economic Supplement (ASEC) of the Current Population Survey (CPS). The 2013 ASEC questionnaire had a list of 18 common reasons for moving, with an additional option to write-in reasons that did not fit into any of the predetermined choices.

    (more…)

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